# SUPPLEMENT SECTION II 

**U.S. Government Standard General Ledger**

## Accounts and Descriptions

**Account Title**: Deficiency Appropriations

**Account Number**: 4112

**Normal Balance**: Debit

**Definition**: The amount appropriated to eliminate a prior-year
deficiency.

**Account Title**: Appropriated Trust or Special Fund Receipts

**Account Number**: 4114

**Normal Balance**: Debit

**Definition**: The amount of receipts appropriated to a trust or
special fund expenditure account from the corresponding receipt account.
(Amounts deposited into trust or special fund receipt accounts
designated by Treasury as "unavailable" are appropriated via warrant,
upon legislative action, to the corresponding expenditure account.
Amounts designated by Treasury as "available" are immediately
transferred without further action.) This budgetary resource account
does not correspond with proprietary USSGL account 3101, "Unexpended
Appropriations -- Appropriations Received."

**Account Title**: Loan Subsidy Appropriation - Definite - Current

**Account Number**: 4115

**Normal Balance**: Debit

**Definition**: The amount of definite current budget authority
appropriated by law for loan subsidies in direct loan and guarantee
programs.

**Account Title**: Entitlement Loan Subsidy Appropriation - Indefinite

**Account Number**: 4116

**Normal Balance**: Debit

**Definition**: The amount of indefinite budget authority appropriated
for subsidies in loan entitlement programs.

**Account Title**: Loan Administrative Expense Appropriation -
Definite - Current

**Account Number**: 4117

**Normal Balance**: Debit

**Definition**: The amount of definite current budget authority
appropriated by law for administrative expenses in direct loan and loan
guarantee programs.

# 

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# 

**Interim Changes** **II - 32** **February 2002**

#  

# SUPPLEMENT SECTION II 

**U.S. Government Standard General Ledger**

## Accounts and Descriptions

**Account Title**: Benefit Expense

**Account Number**: 6400

**Normal Balance**: Debit

**Definition**: Provided below are separate Definitions for "program"
and "administering" activities included in this account.

For "program" activities, record the employer\'s portion of the
contributions to the following employee benefit programs administered by
Federal agencies: retirement, life insurance, health insurance,
Voluntary Separation Incentive Payment (VSIP), Federal Employee's
Compensation Act (FECA), unemployment for Federal employees, Social
Security (old age, survivors and disability insurance) and Medicare
(Hospital Insurance, part A). Use an "F" attribute and a 2-digit partner
(agency) code for FACTS I reporting as defined in I TFM 2-4000.

Note: Report in USSGL account 6100 costs for benefits not specifically
listed above. In the specific instance of employer contributions to the
Thrift Savings Plan, record in USSGL account 6100 with an "N" attribute.

For "administering" activities, record the amount of expense incurred
for benefit payments to non-Federal entities using an "N" attribute for
FACTS I reporting. This includes (but is not limited to) costs for
retirement, life insurance, health insurance, VSIP, FECA, unemployment,
entitlements (as listed in the Definition of USSGL account 2160) and
insurance and guarantee; for example, flood, crop and deposit insurance.

**Account Title**: Cost of Goods Sold

**Account Number**: 6500

**Normal Balance**: Debit

**Definition**: The total cost of inventory sold including raw
materials, direct labor and overhead.

**Account Title**: Applied Overhead

**Account Number**: 6600

**Normal Balance**: Credit

**Definition**: The amount of overhead cost distributed to
work-in-process or construction-in-process.

**Interim Changes** **II - 65** **February 2002**

#  

# 

# SUPPLEMENT SECTION III 

**U.S. Government Standard General Ledger**

## Account Transaction Listing

TRANSACTION

[NUMBER TRANSACTION DESCRIPTION .]{.underline}

A102 To record an anticipated appropriation.

A104 To record the enactment of appropriations for other than special
and trust funds.

A106 To record the reappropriation of unexpired funds in the losing
fund.

A110 To record in the gaining fund reappropriation authority from an
expired or unexpired losing fund to an unexpired gaining fund.

A112 To record in the losing fund reappropriation of authority from the
expired losing fund to an unexpired gaining fund.

A114 To record an anticipated appropriation for trust fund expenditure
transfer.

A116 To record budgetary authority apportioned by OMB and available for
allotment.

A118 To record anticipated resources apportioned but not available for
use until they are realized.

A120 To record the allotment of authority.

A122 To record the realization of previously anticipated and apportioned
authority.

A125 To record a reduction in authority for advance funding made
available in the previous year.

A126 To record amounts specifically withheld from apportionment by OMB.

A127 To record budget authority (i.e., appropriated receipts)
temporarily precluded from obligation.

A128 To record authority temporarily unavailable pursuant to public law.

A129 To record spending authority from offsetting collections
temporarily precluded from obligation.

A130 To record authority made unavailable pursuant to public law and to
withdraw funds.

A132 To record budget authority rescinded by legislative action.

A134 To record unobligated balances withheld from availability pending
congressional action or Presidential rescission proposal.

A136 To record rescission and withdrawal of funds for balances
previously recorded as pending rescission.

A138 To record estimated recoveries of prior-year obligations.

A140 To record anticipated collections other than refunds.

A142 To record anticipated nonexpenditure payments to Treasury.

**Interim Changes** **III - 5** **February 2002**

# SUPPLEMENT SECTION III 

**U.S. Government Standard General Ledger**

## Account Transaction Listing

TRANSACTION

[NUMBER TRANSACTION DESCRIPTION .]{.underline}

> A244 To record in the transferring agency the transfer-out of
> current-year authority or from prior-year balances that were
> anticipated.

A246 To record in the receiving agency the transfer-in of current-year
or prior-year appropriations that were anticipated.

A248 To record in the transferring agency the transfer-out of
current-year or prior-year anticipated appropriations.

A250 To record in the receiving agency the actual transfer-in of
current-year or prior-year unanticipated appropriations.

A252 To record in the transferring agency the actual transfer-out of
current-year or prior-year unanticipated appropriations.

A254 To record in the transferring agency the actual transfer-out of
current-year or prior-year authority with unpaid undelivered orders.

A255 To record in the transferring agency the actual transfer-out of
current-year or prior-year authority with

unpaid expended authority and related accounts payable.

A256 To record in the transferring agency the actual transfers-out
during the fiscal year of authority with paid

undeliverable orders from current or prior years.

A257 To record in the receiving agency the actual tranfers-in during the
fiscal year of authority with paid

> undeliverable orders from current or prior years.

A258 To record the Federal fund receivable for a previously anticipated
trust fund expenditure transfer.

A259 To record in the trust fund a payable for an appropriation trust
fund expenditure transfer-out.

A260 To record the actual collection of the appropriation trust fund
expenditure transfer.

A261 To record in the trust fund the outlay for the appropriation trust
fund expenditure transfer.

A264 To record in the trust fund expenditure transfers-in from a Federal
fund relating to nonexchange and

> exchange transactions.

A266 To record in a trust fund expenditure transfers-out to a Federal
fund relating to nonexchange and

exchange transactions.

A267 To record in an agency's general fund an expenditure transfer out
to a trust fund relating to nonexchange

> and exchange transactions.

A268 To record a receivable for amounts appropriated from a
Treasury-Managed Trust Fund Treasury Account

> Fund Symbol (TAFS) to an agency trust fund expenditure account, prior
> to the nonexpenditure transfer of
>
> funds. This amount is specified in the agency's appropriation or
> authorization act.

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**Interim Changes** **III - 9** **February 2002**

# 

# SUPPLEMENT SECTION III 

**U.S. Government Standard General Ledger**

## Account Transaction Listing

TRANSACTION

[NUMBER TRANSACTION DESCRIPTION .]{.underline}

B206 To record current-year undelivered orders with an advance.

B208 To record a current-year undelivered order without an advance where
the commitment is more than the undelivered order.

B210 To record a current-year undelivered order without an advance where
the commitment is less than the undelivered order.

B302 To record the delivery of goods or services and accrue a liability.

B304 To record the delivery of goods and services in the same year as
the order was placed and accrue a liability. The current-year expended
authority is less than the original order.

B308 To reclassify payable schedules for disbursements to "in-transit"
until the payment schedule is confirmed.

B306 To record the delivery of goods and services in the same year the
order was placed and accrue a liability. The current-year expended
authority is more than the original obligation.

B314 To record an obligation and accounts payable in an unexpired
appropriation for a valid bill related to a canceled appropriation.

B316 To record in the canceled appropriation the removal of a canceled
payable upon receipt of a valid bill. The budgetary entry reduces the
balance of authority that remained upon cancellation.

B318 To record the collecting agency's estimated accrued tax refunds
payable and related interest.

B322 To record the accrual of interest expenses incurred, not yet paid.

B324 To record the liability for cost to be funded in the future.

B326 To record the unfunded FECA liability and unfunded unemployment
liability.

B328 To record a contingent liability.

B330 To record an increase in actuarial liabilities for benefit plans.

B332 To record the payable to borrowers from sales of foreclosed
property with recourse.

B334 To record the inventory purchased for a resale under historical
cost (title was passed).

B338 To record the fair market value of real and intangible forfeited
property.

B340 To record an unclaimed and abandoned item that has met the
statutory and/or regulatory requirements for forfeiture.

B344 To record the funded portion of cleanup costs that was previously
estimated.

B402 To record revenue received in advance.

**Interim Changes** **III - 12** **February 2002**

# SUPPLEMENT SECTION III 

**U.S. Government Standard General Ledger**

## Account Transaction Listing

TRANSACTION

[NUMBER TRANSACTION DESCRIPTION .]{.underline}

C136 To record the collection of receivables for assets purchased or
expenses incurred in a prior year that create budgetary resources when
collected.

C138 To record the collection of refunds receivable for assets purchased
or expenses incurred in the current year that create budgetary resources
when collected.

C139 To record the collection of previously paid Federal Employee Health
Benefits reimbursed by the employee in

> the current year.

C140 To record the collection of receivables from Federal sources.

C142 To record the collection of custodial revenue from a non-Federal
source that is deposited to a

miscellaneous receipts account.

C143 To record the collection of receivables of custodial revenue from a
non-Federal source that is deposited to a

miscellaneous receipts account.

C144 To record the undeposited collections for funds that do not require
budgetary reporting.

C146 To record a deposit of previously undeposited collections for fund
symbols that do not require budgetary reporting.

C148 To record a deposit of previously undeposited collections from
non-Federal sources for fund symbols that require budgetary reporting.

C150 To record the receipt of other cash.

C152 To record unapplied receipts into fund symbols that require
budgetary reporting.

C154 To record the collections of unaccrued interest on loans from
non-Federal sources.

C158 To record cash donations as budgetary resources, as allowed by law.

C162 To record an adjustment to loans receivable based on acquired
collateral property.

C164 To record non-cash assets donated by the public.

C166 To record a monetary instrument, including undeposited seized cash.

C168 To record seized cash deposited in a deposit fund.

C170 To record the movement of seized cash from a deposit fund to a
special receipt account upon forfeiture.

C172 To record a revenue for forfeited cash deposited to the forfeiture
fund.

C174 To record undeposited cash that was forfeited.

C176 To record cash deposited after forfeiture.

# 

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# 

# 

# 

# Interim Changes III - 14 February 2002 

# SUPPLEMENT SECTION III 

**U.S. Government Standard General Ledger**

## Account Transaction Listing

TRANSACTION

[NUMBER TRANSACTION DESCRIPTION .]{.underline}

D332 To record the reclassification of operating materials and supplies
that meet management's criteria for future use.

D334 To reclassify excess or reserved assets to assets held for use.

D336 To record an unexpected permanent decline in the value of stockpile
materials. This entry also applies to record stockpile material at net
realizable value due to damage.

D338 To record a permanent decline in value of stockpile materials that
is unusual, infrequent and material in dollar amount.

D340 To reclassify stockpile materials authorized to be sold.

D342 To record the forfeiture of a seized monetary instrument.

D344 To record the conversion to cash for a forfeited monetary
instrument.

D346 To record forfeited personal property placed into official use.

D348 To record forfeited personal property placed into official use at
the end of the year and not depreciated.

D350 To record forfeited personal property authorized to be
distributed/donated to another entity.

D352 To record an adjustment to the net realizable value of commodities.

D354 To record inventory that has been lost that is deemed immaterial.

D355 To record inventory that has been lost and deemed material.

D356 To record inventory that has been found and deemed material.

D402 To record the accrued payroll at the end of the accounting period
for unpaid estimated costs incurred. This

includes funded expenses such as payroll and grantee expenses.

D404 To record the accrued benefit at the end of the accounting period
for unpaid estimated costs incurred. This entry is recorded by the
employer agency.

D406 To record the accrued benefits at the end of the accounting period
for unpaid estimated costs incurred.

This entry is recorded by the benefit administering agency.

D408 To record the accrued liabilities other than payroll and benefits
at the end of the accounting period for

unpaid estimated costs incurred.

D410 To record the actual repair costs to inventory, using the allowance
method, that were lower than previously

estimated.

D502 To record an adjustment for under-applied overhead deemed
immaterial.

D504 To record an adjustment for over-applied overhead deemed
immaterial.

D506 To record adjustments for under-applied overhead and to prorate the
difference between the actual and applied, if the amount is material.

# Interim Changes III - 20 February 2002

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

A122 To record the realization of previously anticipated and apportioned
authority.

**Comment:** USSGL transactions that reference this transaction (bolds
reference a reversal):

> A186, A304, **A308**, B126, C106, C110, C116, C124, C130, C132, C136,
> C148, C152, C154, C182, C208, C210, C214, C302, **C304**, C306,
> **C308**, C314, C316, C318, C320, **C322**, C328, C342, D108, D110,
> D134.

**Transaction Origin:** USSGL budgetary accounting guide

**Budgetary Entry**

Debit 4590 Apportionments Unavailable - Anticipated Resources

Credit 4510 Apportionments

Credit 4610 Allotments - Realized Resources

Credit 4620 Unobligated Funds Not Subject to Apportionment

**Proprietary Entry**

None

A125 To record a reduction in authority for advance funding made
available in the previous year.

**Transaction Origin:** USSGL Advance Funding Scenario

**Budgetary Entry**

Debit 4450 Unapportioned Authority

Credit 4119 Other Appropriations Realized

**Proprietary Entry**

None

A126 To record amounts specifically withheld from apportionment by OMB.

**Comment:** Reverse this transaction when authority is released.

**Transaction Origin:** USSGL TC-1065

**Budgetary Entry**

Debit 4450 Unapportioned Authority

Credit 4430 Unapportioned Authority - OMB Deferral

**Proprietary Entry**

None

**Interim Changes** **III - 28** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

A127 To record budget authority (i.e., appropriated receipts)
temporarily precluded from obligation.

> **Comment:** The balance in USSGL accounts 4397 and 4398 should be
> reflected as part of the end-of-year balance on Schedule N: Schedule
> on Unavailable Collections of the Budget of the United States
> Government. Trust and special funds whose authority is limited to the
> current years obligations will record this transaction at yearend as a
> preclosing adjusting entry.

**Transaction Origin:** USSGL Implementation Guidance - Authority
Temporarily Precluded from Obligation

**Budgetary Entry**

Debit 4450 Unapportioned Authority - Available

Debit 4620 Unobligated Funds Not Subject to Apportionment

Credit 4397 Receipts and Appropriations Temporarily Precluded from
Obligation

**Proprietary Entry**

None

**Interim Changes** **III -- 28A** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

A267 To record in an agency's general fund an expenditure transfer out
to a trust fund relating to nonexchange and exchange

transactions.

**Comment:** Also post USSGL TC-B134. Use USSGL account 5760 for
nonexchange expenditure transfers.

**Transaction Origin:** USSGL implementation guidance; trust funds

**Budgetary Entry**

Debit 4510 Apportionments

Debit 4610 Allotments -- Realized Resources

Debit 4620 Unobligated Funds Not Subject to Apportionment

Credit 4902 Delivered Orders -- Obligations, Paid

**Proprietary Entry**

Debit 5760 Expenditure Financing Sources -- Transfers-Out

Debit 6100 Operating Expenses/Program Costs

Credit 1010 Fund Balance With Treasury

**Interim Changes** **III -- 51A** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

B108 To record payment of interest not previously accrued.

> **Comment:** If funded by a direct appropriation, post USSGL TC-B134.
> See USSGL TC-B322 for accrued interest.

**Transaction Origin:** Credit reform case study

**Budgetary Entry**

Debit 4610 Allotments - Realized Resources

Credit 4902 Delivered Orders -- Obligations, Paid

**Proprietary Entry**

Debit 6310 Interest Expenses on Borrowing from Treasury

Debit 6320 Interest Expenses on Securities

Debit 6330 Other Interest Expenses

Credit 1010 Fund Balance With Treasury

B110 To record a confirmed disbursement schedule.

**Comment:** Clearing from unpaid to paid

**Transaction Origin:** USSGL TC-3030

**Budgetary Entry**

Debit 4901 Delivered Orders -- Obligations, Unpaid

Credit 4902 Delivered Orders -- Obligations, Paid

**Proprietary Entry**

Debit 2110 Accounts Payable

Debit 2120 Disbursements in Transit

Debit 2130 Contract Holdback

Debit 2160 Entitlement Benefits Due and Payable

Debit 2190 Other Accrued Liabilities

Debit 2210 Accrued Funded Payroll and Leave

Debit 2211 Withholdings Payable

Debit 2213 Employer Contributions and Payroll Taxes Payable

Debit 2215 Other Post-Employment Benefits Due and Payable

Debit 2940 Capital Lease Liability

Debit 2990 Other Liabilities

Credit 1010 Fund Balance With Treasury

B112 To record accrued interest paid.

**Comment:** See USSGL TC-B322 for the accrued liability.

**Budgetary Entry**

Debit 4901 Delivered Orders -- Obligations, Unpaid

Credit 4902 Delivered Orders -- Obligations, Paid

**Proprietary Entry**

Debit 2140 Accrued Interest Payable

Credit 1010 Fund Balance With Treasury

**Interim Changes** **III -- 58** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

B134 To record appropriations used this fiscal year.

> **Comment:** This transaction is not recorded by special or
> non-revolving funds. USSGL transactions that reference this
> transaction (bolds reference a reversal):

A146, A267, B102, B105, B106, B107, B108, B118, B130, B302, B304, B306,
B314, B322, B332, B334, B344,

B404, **C132**, **C134**, **C136**, **C138**, **C139**, C206, **D102**,
D106, D114, D116, D126, D132, D402, D404, D406, D408,

D410, D616.

**Transaction Origin:** USSGL implementation guidance; appropriations
used

### Budgetary Entry

None

**Proprietary Entry**

Debit 3107 Unexpended Appropriations - Used

Credit 5700 Expended Appropriations

B136 To record in the liquidating account the payment of excess cash to
Treasury not needed to satisfy obligations and/or disbursements.

**Comment:** See OMB Circulars A-11 and A-34 for further instruction on
the payment hierarchy.

**Transaction Origin:** Credit reform liquidating account case study

**Budgetary Entry**

Debit 4047 Anticipated Transfers to Treasury

Credit 4151 Actual Capital Transfers to the General Fund of the
Treasury, Current-Year Authority

Credit 4152 Actual Capital Transfers to the General Fund of the
Treasury, Prior-Year Balances

**Proprietary Entry**

Debit 2510 Principal Payable to Treasury

Debit 2970 Resources Payable to Treasury

Credit 1010 Fund Balance With Treasury

**Interim Changes** **III -- 63** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

B308 To reclassify payable schedules for disbursements to "in-transit"
until the payment schedule is confirmed.

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2110 Accounts Payable

Debit 2130 Contract Holdbacks

Debit 2160 Entitlement Benefits Due and Payable

Debit 2190 Other Accrued Liabilities

Debit 2990 Other Liabilities

Credit 2120 Disbursements in Transit

**Interim Changes** **III -- 68A** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

# B400 DISBURSEMENTS AND PAYABLES - Advances and Prepayments

B402 To record revenue received in advance.

**Transaction Origin:** USSGL TC-4140

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2320 Deferred Credits

B404 To record the current-year expended authority where the undelivered
order was prepaid or advanced. The current-

year expended authority is the same as the original order.

**Comment:** See USSGL TC-A306 to see the reimbursable authority and
USSGL TC-B206 for the original

prepayment. If funded by a direct appropriation, post USSGL TC-B134.

**Transaction Origin:** USSGL budgetary accounting guide

**Budgetary Entry**

Debit 4802 Undelivered Orders -- Obligations, Prepaid/Advanced

Credit 4902 Delivered Orders -- Obligations, Paid

**Proprietary Entry**

Debit 1511 Operating Materials and Supplies Held for Use

Debit 1512 Operating Materials and Supplies Held in Reserve for Future
Use

Debit 1521 Inventory Purchased for Resale

Debit 1522 Inventory Held in Reserve for Future Sale

Debit 1525 Inventory - Raw Materials

Debit 1527 Inventory - Finished Goods

Debit 1561 Commodities Held Under Price Support and Stabilization
Support Programs

Debit 1571 Stockpile Materials Held in Reserve

Debit 1572 Stockpile Materials Held for Sale

Debit 1591 Other Related Property

Debit 1711 Land and Land Rights

Debit 1712 Improvements to Land

Debit 1720 Construction-in-Progress

Debit 1730 Buildings, Improvements and Renovations

Debit 1740 Other Structures and Facilities

Debit 1750 Equipment

Debit 1820 Leasehold Improvements

Debit 1830 Internal-Use Software

Debit 1840 Other Natural Resources

Transaction continued\...

**Interim Changes** **III -- 74** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

C139 To record the collection of previously paid Federal Employee Health
Benefits reimbursed by the employee in the

current year.

**Comment:** Reverse USSGL TC-B134

**Budgetary Entry**

> Debit 4902 Delivered Orders - Obligations, Paid
>
> Credit 4610 Allotments - Realized Resources
>
> Credit 4620 Unobligated Funds Not Subject to Apportionment
>
> **Proprietary Entry**
>
> Debit 2210 Accrued Funded Payroll and Leave
>
> Credit 1310 Accounts Receivable
>
> and
>
> Debit 6790 Other Expenses Not Requiring Budgetary Resources
>
> Credit 6100 Operating Expenses/Program Costs

**Interim Changes** **III -- 86A** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

D317 To record damaged inventory items that need repair.

**Comment:** Reverse this entry when repairs are completed.

**Transaction Origin:** USSGL implementation guidance; FASAB #3,
Accounting for Inventory and Related

Property

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1523 Inventory Held for Repair

Credit 1521 Inventory Purchased for Resale

Credit 1527 Inventory - Finished Goods

D318 To record the turn-in of a broken part from operating materials and
supplies held for repair.

**Comment:** Also post USSGL TC-D320.

### Budgetary Entry

None

### Proprietary Entry

Debit 1514 Operating Materials and Supplies Held for Repair

Credit 6790 Other Expenses Not Requiring Budgetary Resources

D319 To record the revaluation of a turned-in broken part from operating
materials and supplies held for repair based on

estimated repair costs.

**Comment:** Reverse this entry when the repaired broken part is
returned to stock as a serviceable item. See USSGL

TC-D318

### Budgetary Entry

None

### Proprietary Entry

Debit 6790 Other Expenses Not Requiring Budgetary Resources

Credit 1519 Operating Materials and Supplies Allowance

D320 To record a repaired broken part that has been returned to stock as
a serviceable item.

**Comment:** Use the original value of the part when it was turned in
for repair (before the revaluation of the part

based on the estimated repair cost). See USSGL TCs-D318 and D319.

### Budgetary Entry 

None

### Proprietary Entry

Debit 1511 Operating Materials and Supplies Held for Use

Credit 1514 Operating Materials and Supplies Held for Repair

**Interim Changes** **III -- 133** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

D354 To record inventory that has been lost that is deemed immaterial.

**Comment:** Reverse this entry for immaterial inventory that has been
found.

### Budgetary Entry

None

**Proprietary Entry**

Debit 6500 Cost of Goods Sold

Debit 6790 Other Expenses Not Requiring Budgetary Resources

Credit 1511 Operating Materials and Supplies Held for Use

Credit 1521 Inventory Purchased for Resale

D355 To record inventory that has been lost and deemed material.

**Budgetary Entry**

None

**Proprietary Entry**

Debit 7290 Other Losses

Credit 1511 Operating Materials and Supplies Held for Use

Credit 1521 Inventory Purchased for Resale

D356 To record inventory that has been found and deemed material.

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1511 Operating Materials and Supplies Held for Use

Debit 1521 Inventory Purchased for Resale

> Credit 7190 Other Gains

**Interim Changes** **III -- 138A** **February 2002**

**SUPPLEMENT SECTION III**

**U.S. Government Standard General Ledger**

**Account Transactions**

**D600 ADJUSTMENTS/ACCRUALS OTHER THAN DISBURSEMENTS AND COLLECTIONS -
Accumulated**

**and Allocated Cost Not in Categories Above**

D602 To record the imputed costs and related imputed financing sources.

> **Transaction Origin:** USSGL implementation guidance; FASAB #7,
> Accounting for Revenue and Other Financing Sources

**Budgetary Entry**

None

**Proprietary Entry**

Debit 6730 Imputed Costs

Credit 5780 Imputed Financing Sources

D604 To record the application of overhead expenses to work-in-process.

**Transaction Origin:** USSGL TC-2040

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1526 Inventory - Work-in-Process

Credit 6600 Applied Overhead

Credit 6710 Depreciation, Amortization and Depletion

D606 To record the inventory used for operations.

**Transaction Origin:** USSGL TC-5010

**Budgetary Entry**

None

**Proprietary Entry**

Debit 6790 Other Expenses Not Requiring Budgetary Resources

Credit 1511 Operating Materials and Supplies Held for Use

Credit 1525 Inventory - Raw Materials

Credit 1526 Inventory - Work-in-Process

Credit 1527 Inventory - Finished Goods

D612 To record cost of goods sold.

**Comment:** To record sales proceeds, see USSGL TCs-A310 and C186.

**Transaction Origin:** USSGL implementation guidance; FASAB #3,
Accounting for Inventory and Related

Property

**Budgetary Entry**

None

**Proprietary Entry**

Debit 6500 Cost of Goods Sold

Credit 1527 Inventory - Finished Goods

Credit 1561 Commodities Held Under Price Support and Stabilization
Support Programs

**Interim Changes** **III -- 145** **February 2002**