7624 FIXED ASSETS
(Revised 06/05)
ACCOUNT NO. 2300, Fixed Assets
A summary account of fixed assets used for financial reporting purposes (Account 2310 through 2350).
ACCOUNT NO. 2310, Land
Shows the cost or appraised value of state-owned land and interests in land under the jurisdiction of the particular agency.
ACCOUNT NO 2320, Buildings
A summary account of building assets used for financial reporting purposes (Accounts 2321 and 2329).
ACCOUNT NO. 2321, Buildings
Shows the cost or appraised value of state-owned improvements (buildings and other structural improvements, and nonstructural improvements) under the jurisdiction of the particular agency.
ACCOUNT NO. 2329, Accumulated Depreciation–Buildings (Credit Balance)
Shows accumulated depreciation on buildings.
ACCOUNT NO. 2330, Improvements Other Than Buildings
A summary account of improvement assets other than buildings used for financial reporting purposes (Accounts 2331 through 2339).
ACCOUNT NO. 2331, Improvements Other Than Buildings
Shows the cost or appraised value of state-owned nonstructural improvements under the jurisdiction of the particular agency. Examples of such improvements are roads, bridges, curbs and gutters, streets and sidewalks, drainage and lighting systems.
ACCOUNT NO. 2332, Toll Highway Crossing
Shows the cost or appraised value of toll bridges, toll tunnels, and toll ferries as described in the Streets and Highways Code.
ACCOUNT NO. 2333, Utility Plant In Service
Shows the capitalized cost of completed facilities included in the California Water Resources Development System.
ACCOUNT NO. 2339, Accumulated Depreciation–Improvements Other Than Buildings (Credit Balance)
Shows accumulated depreciation on improvements other than buildings.
ACCOUNT NO. 2340, Equipment
A summary account of equipment assets used for financial reporting purposes (Accounts 2341 and 2349).
ACCOUNT NO. 2341, Equipment
Shows the cost or appraised value of state-owned equipment that is under the jurisdiction of the particular agency.
ACCOUNT NO. 2349, Accumulated Depreciation–Equipment (Credit Balance)
Shows accumulated depreciation on equipment.
ACCOUNT NO. 2350, Construction Work in Progress
Shows the amount expended on capital outlay projects that are not yet completed and, therefore, cannot be capitalized in the property accounts.
