N.M. Admin. Code § 17.3.340.9
Current through Register Vol. 35, No. 23, December 10, 2024
Depreciation as conceived by NMPSC Rule 340 [17.3.340 NMAC] is the process by which an equitable method of accounting will permit the recovery of the original cost less net salvage over the service life of a depreciable asset.
N.M. Admin. Code § 17.3.340.9