Issue Date:
Revised Date: 1993-09-01

Object Type

Cash — Investments

Reference

Description

To record the difference between par value and principal cost on mortgage investments where par value exceeds cost, or where principal exceeds par value.

Expenditure code 7731 includes, but is NOT limited to:

  • Discounts on Mortgage Investments
  • Premiums Paid on Mortgage Investments

Note

USAS Values

Appropriation Year 20
USAS Title PREM/DISC ON MORTGAGE INVESTMENTS
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 20 – INVESTMENTS