Excerpt from Uniform System of Accounts for Telephone Companies: As Prescribed by the Interstate Commerce Commission, in Accordance With Section 20 of the Act to Regulate Commerce; First Issue, Effective on January 1, 1913 If the net of the balances in the discount-and-premium accounts for all classes of capital stock sold or exchanged is a debit balance, the amount should be included in the balance sheet statement in account No 134, Unextinguished Discount on Capital Stock; if a credit balance, the amount Should be shown In account No 152, 'premiums on Capital Stock. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.