State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7734 – Premium/Discount On United States Corporate Obligations
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Object Type: Cash — Investments
Reference:
Issue Date:
Revised Date: 1993-09-01

Description


To record the difference between par value and principal cost on U.S. corporate obligations where par value exceeds cost, or where principal exceeds par value.

Expenditure code 7734 includes, but is NOT limited to:

  • Discounts on Corp. Oblg.
  • Premiums Paid on Corporate Obligations


Notes




USAS Values


Appropriation Year 26
USAS Title PREM/DISC ON CORPORATE OBLIGATIONS
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 20 – INVESTMENTS



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