ENTRY NO. 33 – PURCHASE OF INVESTMENTS - 10533

(Revised: 12/2021)

Purpose: To record investments when purchased. Investments are purchased and held by the State Treasurer’s Office (STO).

 

References: SAM sections 10422, 10423, 10425, 10426, and 10427

 

Purchase of Investments

Debit/ Credit	Account	Legacy Account	Account Description	Note
Debit	1209000	1320	Accrued Interest Receivable	a
Debit	1501100	2011	Investments in Debt Securities at Cost	b
Debit	1501000	2012	Investments in Debt Securities	c
Debit	1501200	2013	Premium on Debt Securities	d
Debit	1503000	2021	Investments in Common Stock	e
Debit	1503100	2022	Investments in Preferred Stock	f
Credit	1104000	1140	Cash in State Treasury	g
Credit	1501300	2014	Discount on Debt Securities	h

 

Note:

1. Amount of accrued interest purchased on investments acquired between interest dates. 
2. Cost of investment in debt securities. 
3. Face value of the investment in debt securities. 
4. Amount of premium paid on investments purchased. 
5. Cost of investment in common stocks. 
6. Cost of investment in preferred stocks. 
7. Amount expended for investments purchased
8. Amount of discount on investments purchased.