10432 ACCOUNT NO. 2341 - EQUIPMENT
(Revised 5/87)
Normal Balance: Debit
Purpose: This account shows the cost or appraised value of State-Owned equipment under the jurisdiction of the particular agency.
Subsidiaries: Property Ledger
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
19. Equipment is acquired in connection with construction project supervised by the Office of Architecture and Construction or other agency.
20. Equipment is acquired.
A-7R. Entry No. A-7 is semi-reversed as of July 1 of the new fiscal year. |
21. Equipment is disposed of.
A-7. Equipment account is adjusted at June 30 for value of surveyed equipment not yet sold. |
