Issue Date:
Revised Date: 1993-09-01

Object Type

Cash — Investments

Reference

Description

To record the investment of fund cash in real estate. This code applies to the principal values purchased which is always recorded at par value. The difference between par value and principal cost is recorded as discount or premium.

Expenditure code 7712 includes, but is NOT limited to:

  • Real Estate Investments (purchase)

Note

USAS Values

Appropriation Year 25
USAS Title PURCHASE OF REAL ESTATE INVESTMENTS
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 20 – INVESTMENTS