State Administrative Manual
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SAM - Chapter 10400

10463     ACCOUNT NO. 5530 - FUND BALANCE-UNAPPROPRIATED
(Revised 5/87)
 
Normal Balance:  Credit
 
Purpose:  After revenue and expenditure accounts have been closed to this account, it shows the current "fund equity" of the particular fund.
 
Subsidiaries:  None
 
Normal Entries:
Entry No. Debits Entry No. Credits
C-2. Appropriation Expenditures accounts of the fiscal year just ended are closed. C-1. Revenue and reimbursements accounts of the fiscal year just ended are closed.

 

Updated : 7/9/2007