Issue Date: |
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Purpose
This GL account is used to record, in a basis conversion fund, an acquisition of net assets applicable to future reporting period(s). Assets are defined by GASB as resources with present service capacity that the government presently controls.
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.