Issue Date:
Revised Date:

Object Type

Cash — Cost of Goods Sold

Reference

Description

To record the payment for the purchase of land to be resold to eligible Texas veterans. To record loans made to veterans under the Veterans Housing Assistance Act. This code includes all expenses incidental to that purchase.

Expenditure code 7392 includes, but is NOT limited to:

  • Housing Loans (Veterans Land Board)
  • Land (purchased for resale)

Note

RESTRICTED: This code may be used only by the General Land Office, Agency 305, and the Veterans Land Board, Agency 328.

USAS Values

Appropriation Year 20
USAS Title LAND PURCHASE/RESALE/HOUSELOAN
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 18 – COST OF GOODS SOLD