C628
C · Collections and Receivables
To record cash collected from a loss or a gain from the sale of foreclosed property.
Budgetary
Budgetary Entry
DebitCredit
426500 Actual Collections From Sale of Foreclosed Property
406000 Anticipated Collections From Non-Federal Sources
Proprietary
Proprietary Entry
DebitCredit
101000 Fund Balance With Treasury 721000 Losses on Disposition of Assets - Other
711000 Gains on Disposition of Assets - Other