| Issue Date: | 2002-09-01 |
|---|---|
| Revised Date: |
Object Type
Non-Cash — USAS Special Accounting Transactions
Reference
Description
To record the interagency transfer of capital assets. A decrease in net assets occurs when an asset is transferred for less than the book value (net of accumulated depreciation). This code is used to record the difference between the book value and cash exchange, if any. For governmental funds, this code is used in basis conversion entry to record capital assets. For proprietary and fiduciary fund types, this code is used in recording capital assets in fund financial statements.
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | DECR NET ASSET D/T INTAGY TRNS CAP ASSET |
| Object Group | 19 – Financial Reporting (Non Expenditures) |
| USAS Status | A |
| Rev/Exp Category | NA – NOT APPLICABLE |