Account 427, Interest on long-term debt.

18 C.F.R. § 367.4270
in effectEffective: 2024-07-01
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(a) This account must include the amount of interest on outstanding long-term debt issued or assumed by the service company, the liability for which is included in account 224, Other long-term debt (§ 367.2240). (b) This account must be kept or supported so as to show the interest accruals on each class and series of long-term debt. (c) This account must not include interest on nominally issued or nominally outstanding long-term debt, including securities assumed.

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