10437 ACCOUNT NO. 2730 - DEPOSITS IN CONDEMNATION PROCEEDINGS
(Revised 5/87)
Normal Balance: Debit
Purpose: This account shows the amount on deposit in the Condemnation Deposits Fund and in courts for condemnation suits on which final settlement has not yet been made either from the Condemnation Deposits Fund or from other funds. These deposits are fully reserved in Account No. 5390, Other Reserves.
Subsidiaries: File of Open Condemnation Deposit Documents
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
| 27. Money is transferred to the Condemnation Deposits Fund. |
28. Agency files claim for acquisition of property under condemnation proceedings.
30. State Treasurer files claim for acquisition of property under condemnation proceedings. |
