This account must include the amortization of unamortized net premium on outstanding long-term debt. Amounts credited to this account must be charged concurrently to account 225, Unamortized premium on long-term debt (§ 367.2250).
This account must be kept or supported so as to show the premium on each class and series of long-term debt.
This account must include the following items:
Loss relating to investments in securities written-off or written-down.
Loss on sale of investments.
Loss on reacquisition, resale or retirement of service company's debt securities.
Preliminary survey and investigation expenses related to abandoned projects, when not written-off to the appropriate operating expense account.
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