USSGLExplorer
C614 C · Collections and Receivables

To record the gain on property sold with recourse.

Budgetary Entry

DebitCredit
426500 Actual Collections From Sale of Foreclosed Property
406000 Anticipated Collections From Non-Federal Sources
490100 Delivered Orders - Obligations, Unpaid

Proprietary Entry

DebitCredit
101000 Fund Balance With Treasury
134100 Interest Receivable - Loans
135000 Loans Receivable
155100 Foreclosed Property
211000 Accounts Payable