10408 ACCOUNT NO. 1312 - ACCOUNTS RECEIVABLE-REIMBURSEMENTS
(Revised 2/99)
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 No. |
Debits |
Entry No. |
Credits |
6. Invoices are prepared for appropriation reimbursements.
A-3. Year-end accruals are recorded. |
7. Cash is received and applied, realizing accounts receivable-reimbursements.
8. Cash is applied, realizing accounts receivable-reimbursements.
9. Accounts receivable are written off.
36. Cash is received and applied from the sale of accounts receivable-reimbursements.
A-4. Reimbursement receivables are reclassified at the time an appropriation reverts. |
