| Issue Date: | 2001-09-01 |
|---|---|
| Revised Date: |
Legal Citations
- Government Code ch. 2175
Object Type
Cash — Other Revenue
Origin Date
Description
To record the gain or loss on the sale of capital assets. Gains occur when an asset is sold for more than the book value. Loss occurs when the sale is for less than the book value. This code may be used for gains and losses that are not restricted to be used for any program.
Due Date
At time of sale
Collecting Agencies
The appropriate receiving agency
Deposit Funds
The appropriate fund or account
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | GAIN/LOSS ON CAPTL ASSETS-GEN, NON PROG |
| Receipt Category | 14 – Other |
| Receipt Type | 93 – Sale of Capital Assets |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 05 – OTHER REVENUE |