State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7722 – Purchase of Corporate Obligations - Long-Term
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Object Type: Cash — Investments
Reference:
Issue Date:
Revised Date: 1993-09-01

Description

To record the purchase of corporate obligations with a term greater than one year.

Expenditure code 7722 includes, but is NOT limited to:

  • Corp. Obligations -- Long-Term, Purchase of

Notes

USAS Values

Appropriation Year 26
USAS Title PURCH OF CORPORATE OBLIGATIONS-LONG TERM
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 20 – INVESTMENTS



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