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C708
C708
C · Collections and Receivables
To record the sale of securities, accounted for under the provisions of the Federal Credit Reform Act, purchased at a discount. The sale results in a loss.
Budgetary
Budgetary Entry
Debit Credit
407000 Anticipated Collections From Federal Sources 445000 Unapportioned - Unexpired Authority 462000 Unobligated Funds Exempt From Apportionment
427300 Interest Collected From Treasury
Proprietary
Proprietary Entry
Debit Credit
101000 Fund Balance With Treasury 164600 Discount on Securities Account for Under the Provisions of the Federal Credit Reform Act 721100 Losses on Disposition of Investments
162300 Amortization of Discount and Premium on Securities Other Than the Bureau of the Fiscal Service Securities 164200 Preferred Stock Accounted for Under the Provisions of the Federal Credit Reform Act 164400 Common Stock Accounted for Under the Provisions of the Federal Credit Reform Act
Comment
About this entry
Debits are shown left, credits right — the T-account
form. Every account links to its full detail.
Source: Section III ·
p1sec3-transactions-2026.pdf