10415 ACCOUNT NO. 1510 - DUE FROM FEDERAL GOVERNMENT
(Revised 2/99)
Normal Balance: Debit
Purpose: This account shows the amount receivable from the Federal Government other than reimbursements.
Subsidiaries: Accounts Receivable Ledger or File
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
| A-3. Year-end accruals are recorded |
|
This account is debited when amounts, other than reimbursements, become due from the Federal Government or are accrued and is credited when payments thereon are received or accruals are reversed.
