ACCOUNT NUMBER 1312, ACCOUNTS RECEIVABLE—REIMBURSEMENTS - 10408

(Revised: 02/1999)

Normal Balance: Debit

Purpose: This account shows the amount receivable from private entities as reimbursements for goods or services.

Subsidiaries: Accounts Receivable Ledger or File

Normal Entries:

Entry Number	Debits	Entry Number	Credits
6.	Invoices are prepared for expenditure abatements.	7.	Cash is received and applied, realizing accounts receivable– abatements (excluding salary overpayments).
A-3	Year-End accurals are recorded	8.	Cash is applied, realizing accounts receivable–abatements (excluding salary overpayments).
		9.	Accounts receivable are written off.
		36.	Cash is received and applied from the sale of accounts receivable– abatements.
		A-4	Abatement receivables are reclassified at the time an appropriation reverts.

Revisions

No Revisions for this item.