Issue Date:
Revised Date: 1993-09-01

Object Type

Cash — Investments

Reference

Description

To record the investment of fund cash in miscellaneous investments with a term greater than one year. Code applies to principal value purchased which is recorded at par value. The difference between the par value and principal cost is recorded as discount or premium.

Expenditure code 7714 includes, but is NOT limited to:

  • Miscellaneous Investments - Long-Term

Note

USAS Values

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