Issue Date: |
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Purpose
A contra asset account used to report the accumulation of periodic credits to reflect the expiration of the estimated service life of furniture and equipment.
USAS Values
Normal Balance | Credit |
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Account Type | Real |
GL Posting Level | Summary 1 [?] |
Summary 1 elements posted: Agy, GL, Fund, NACUBO Subfund, T-Code, Grant No. and Phase, AGL, FY, AY, DR/CR Ind. and Appd Fund.