| Issue Date: | 2002-09-01 |
|---|---|
| Revised Date: |
Legal Citations
- Government Code ch. 2175
Object Type
Non-Cash — Other Revenue
Origin Date
September 1, 2002
Description
To record interagency transfer of capital assets. An increase in net assets occurs when an asset is transferred for more than the book value (net of accumulated depreciation). This code is used to record the difference between the book value and cash exchanged, if any. For proprietary and fiduciary fund types, this code is used in recording capital assets in fund financial statements.
Due Date
At time of transfer.
Collecting Agencies
The appropriate receiving agency
Deposit Funds
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INCR NET ASSET D/T INTAGY TRNS CAP ASSET |
| Receipt Category | 00 – Not applicable |
| Receipt Type | 00 – Not applicable |
| Object Group | 18 – Financial Reporting (Non Revenues) |
| USAS Status | A |
| Rev/Exp Category | NA – NOT APPLICABLE |