Current Fund I

Card Set Information

Author:
bltaft13
ID:
286096
Filename:
Current Fund I
Updated:
2014-10-17 10:17:57
Tags:
Current
Folders:
Current Fund I
Description:
Current Fund I
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  1. POST BUDGET
    • Debit Fund Balance/Surplus
    • Debit Misc Rev Anticipated
    • Debit Receipts from Delinquent Taxes
    • Debit Mount to be Raised by Taxation

         Credit Current Year Appropriations
  2. SET UP A DEFERRED CHARGE (WHEN A DEFERRED CHARGE IS CREATED)
    Debit Deferred Charge (Spec Emer, Over Exp)

         Credit CY Appropriations
  3. CHARGE OFF GRANT APPROPRIATIONS
    Debit CY Appropriations (Grants)

         Credit Due to Federal/State Grant Fund
  4. CHARGE OFF CAPITAL IMPROVEMENT FUND APPROPRIATIONS
    Debit CY Appropriations (CIF)

    •      Credit Due to General Capital Fund
  5. CHARGE OFF DEFERRED CHARGE APPROPRIATION
    Debit CY Appropriations (Def. Charge)

         Credit Deferred Charge-Overexpenditure
  6. CHARGE OFF RESERVE FOR UNCOLLECTED TAXES
    Debit CY Appropriations (RUT)

         Credit Amount to be Raised by Taxation
  7. CANCEL UNEXPENDED DEBIT SERVICE
    Debit CY Appropriations (Debit Service)

         Credit Fund Balance or Operations
  8. SET UP RESERVE FOR ENCUMBRANCES
    Debit CY Appropriations

         Credit Reserve for Encumbrances
  9. CLOSE CY APPROPRIATIONS TO APPROPRIATION RESERVES
    Debit CY Appropriations

         Credit Appropriation Reserves
  10. SET UP ACCOUNTS PAYABLE
    Debit Appropriation Reserves

         Credit Accounts Payable
  11. LAPSE APPROPRIATION RESERVES
    Debit Appropriation Reserves

         Credit Fund Balance or Operations

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