10456.5 ACCOUNT NO. 4050 - INTERFUND LOANS PAYABLE
(New 06/05)
Normal Balance: Credit
Purpose: This account shows the liability amount for repayable loans between funds which are not expected to be repaid within the current or ensuing fiscal year.
Subsidiaries: File of applicable documents.
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
|
|
Entries to this account will usually be made by special journal entries as circumstances require.
