State Administrative Manual
Skip to: | Content | Footer

 

SAM - Chapter 10400

10471     ACCOUNT NO. 9821 - INTERFUND INTEREST REVENUE
(Revised 5/87)
 
Normal Balance:  Credit
 
Purpose:  This account shows the amount of interest received and/or accrued on loans to other funds for buildings and construction or other special purposes. It will be used only upon approval of Department of Finance, Fiscal Systems and Consulting Unit.
 
Subsidiaries:  None
 
Normal Entries:
Entry No. Debits Entry No. Credits
This account is credited when interest not previously accrued is received or when interest is accrued at June 30. It is closed to Account No. 5530 or 5570 at June 30.

 

Updated : 7/9/2007