# Background

Borrowing authority is a type of budget authority that permits agencies
to incur obligations and make payments to liquidate the obligations out
of borrowed moneys. Usually the law authorizing the borrowing specifies
that you must borrow from the Treasury, but in a few cases it authorizes
borrowing directly from the public. Laws that authorize borrowing for
business-like operations require the program to repay the borrowing,
with interest, out of business proceeds. In rare instances, usually
based on an appropriation or authorizing language, an agency may use an
appropriation to liquidate obligations that were initially incurred
against authority to borrow when the borrowing was not exercised.

Borrowing authority is composed of two authority types:

-   *Definite borrowing authority*, where a specific amount of authority
    that cannot be exceeded. Authority is recorded at the beginning of
    the program and carried forward until the authority is rescinded or
    completely consumed or until the program is terminated, whichever
    comes first. This is a no-year account and the authority does not
    expire, but unused authority must be reapportioned each year.

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-   *Indefinite borrowing authority*, where the amount of authority is
    not predetermined and authority is available as needed to cover
    obligations incurred. This is normally accounted for through a
    no-year account and the authority does not expire, but unused
    authority must be reapportioned each year.

# USSGL ACCOUNTS ILLUSTRATED

+----------------------------------+-----------------------------------+
| **[Budgetary                     | **[Proprietary                    |
| Accounts]{.underline}**          | Accounts]{.underline}**           |
|                                  |                                   |
| [Resource Accounts]{.underline}  | [Assets]{.underline}              |
|                                  |                                   |
| 4042 Estimated Borrowing         | 1010 Fund Balance with Treasury   |
| Authority                        |                                   |
|                                  | [Liabilities]{.underline}         |
| 4119 Other Appropriations        |                                   |
| Realized                         | 2110 Accounts Payable             |
|                                  |                                   |
| **4140 Substitution of Borrowing | [Net Position]{.underline}        |
| Authority**                      |                                   |
|                                  | 3100 Unexpended Appropriations -  |
| 4141 Current Year Borrowing      | Cumulative                        |
| Authority Realized               |                                   |
|                                  | 3101 Unexpended Appropriations -  |
| **4143 Reduction of Borrowing    | Appropriation Received            |
| Authority**                      |                                   |
|                                  | 3107 Unexpended Appropriations -  |
| **4144 Borrowing Authority       | Used                              |
| Withdrawn**                      |                                   |
|                                  | 3310 Cumulative Results of        |
| 4149 Borrowing Authority Carried | Operations                        |
| Forward                          |                                   |
|                                  | [Revenue]{.underline}             |
| 4201 Total Actual Resources      |                                   |
| Collected                        | 5700 Expended Appropriations      |
|                                  |                                   |
| [Status of Resource              | [Expenses]{.underline}            |
| Accounts]{.underline}            |                                   |
|                                  | 6100 Operating Expenses/Program   |
| 4450. Unapportioned Authority    | Cost                              |
|                                  |                                   |
| 4510 Apportionments              |                                   |
|                                  |                                   |
| 4610 Allotments -- Realized      |                                   |
| Resources                        |                                   |
|                                  |                                   |
| 4801 Undelivered Orders -        |                                   |
| Obligations, Unpaid              |                                   |
|                                  |                                   |
| 4901. Delivered Orders -         |                                   |
|       Obligations, Unpaid        |                                   |
|                                  |                                   |
| 4902 Delivered Orders -          |                                   |
| Obligations, Paid                |                                   |
+----------------------------------+-----------------------------------+

**Explanation of Illustrated Accounts:**

Based on an appropriation or authorizing language, an agency can
received an appropriation or offsetting collection to liquidate
obligations initially incurred against authority to borrow when the
borrowing was not exercised. For purposes of this scenario, the
borrowing authority is substituted by an appropriation.

As a result of the substitution, the resources have to be adjusted to
reflect the substitution of the borrowing authority. If not adjusted
then resources will be counted twice and total resources will be
overstated. The withdrawn portion of the appropriation used to liquidate
obligations initially incurred against the authority to borrow is
reported in USSGL account 4140. This amount is also reported on the SF
133, line 6D (Other authority withdrawn) and P&F schedule line 6053
(Portion substituted for borrowing authority). The following account is
illustrated in this scenario.

######## 4140 Substitution of Borrowing Authority - the amount of borrowing authority replaced by appropriations or offsetting collections that were initially used to liquidate obligations incurred against authority to borrow. 

At the end of the fiscal year, any unobligated balances for indefinite
borrowing authority should be zero. USSGL account 4143 is used to record
the withdrawal of indefinite borrowing authority that is not needed to
cover obligations. The withdrawn amount is reported on the SF 133, line
6D (Other authority withdrawn) and P&F schedule lines 4700 and 6710 and
6716 (Borrowing authority). The following account is illustrated in this
scenario.

######## 4143 Reductions of Borrowing Authority - the amount of indefinite borrowing authority reduced by legislation or administrative action during the fiscal year.

######## 

######## 

When there are recoveries of prior year obligations that have been
obligated against indefinite borrowing authority, the recovered amount
is withdrawn and recorded in USSGL account 4144. The withdrawn amount is
reported on the SF 133, line 6D (Other authority withdrawn) and P&F
schedule line 2270 (Balance of borrowing authority withdrawn). The
following account is illustrated in this scenario.

######## 

-   **4144 Borrowing Authority Withdrawn** - the amount of indefinite
    borrowing withdrawn due to recoveries of prior-year obligations
    where the authority to borrow was not borrowed.

**Scenario Guidelines:**

This scenario includes two years of activity for definite and indefinite
borrowing authority. In year one, the agency has borrowing authority and
has incurred obligations against borrowing authority. In year two, the
agency receives an appropriation to liquidate the obligations initially
incurred against authority to borrow, when the borrowing is not
exercised.

This scenario does not address credit reform accounting. Credit reform
accounting guidance will be included in separate scenarios. The
following borrowing authority scenarios are included:

-   Scenario A: Definite Borrowing Authority - Portion Substituted for
    Borrowing Authority (Appropriation)

-   Scenario B: Indefinite Borrowing Authority - Portion Substituted for
    Borrowing Authority (Appropriation)

**Scenario A:**

**Definite Borrowing Authority - Portion Substituted for Borrowing
Authority (Appropriation)**

**Year 1**

1.  To record borrowing authority.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               |      |
| DR 4141 Current Year Borrowing Authority Realized 1,000       | A152 |
|                                                               |      |
| > CR 4450 Unapportioned Authority 1,000                       |      |
+---------------------------------------------------------------+------+

2.  To record budget authority apportioned by OMB and available for
    allotment.

+---------------------------------------------------------------+------+
| #  Year 1                                                     |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | A116 |
| DR 4450 Unapportioned Authority 800                           |      |
|                                                               |      |
| > CR 4510 Apportionments 800                                  |      |
+---------------------------------------------------------------+------+

3.  To record allotment of apportioned borrowing authority.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | A120 |
| DR 4510 Apportionments 800                                    |      |
|                                                               |      |
| > CR 4610 Allotments - Realized Resources 800                 |      |
+---------------------------------------------------------------+------+

4.  To record an unexpended obligation for authority previously
    allotted.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | B204 |
| DR 4610 Allotments Realized Resources 800                     |      |
|                                                               |      |
| > CR 4801 Undelivered Orders -- Obligations, Unpaid 800       |      |
+---------------------------------------------------------------+------+

> **Definite Borrowing Authority**\
> **Pre - Closing Trial Balance**

**Year 1**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 1,000             | 200                |
|                            |                   |                    |
| 4141                       | [0]{.underline}   | [800]{.underline}  |
|                            |                   |                    |
| 4450                       | 1,000             | 1,000              |
|                            |                   |                    |
| #### 4801                  |                   |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
|                            |                   |                    |
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

###### Definite Borrowing Authority

###### SF 133: Report On Budget Execution And Budgetary Resources 

# Year 1

## BUDGETARY RESOURCES 

1.  Budget authority

B. Borrowing authority (4141E) [1,000]{.underline}

7.  **Total budgetary resources** 1,000

## 

## STATUS OF BUDGETARY RESOURCES

##### Obligations incurred:

#####  Direct (4801E-B + 4901E-B + 4902E) 800

10\. Unobligated balance not available:

> D. Other (4450E) [200]{.underline}

11. **Total status of budgetary resources** 1,000

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12\. Obligated balance, net as of October 1 (4801B + 4901B) 0

13\. Obligated balance transferred, net 0

14\. Obligated balance, net, end of period:

C. Undelivered orders (4801E) 800

D. Accounts payable (4901E) 0

15. Outlays:

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A.  Disbursements (4902E) 0

**Definite Borrowing Authority**

**FMS-2108 Year End Closing Statement**

**Year 1**

**(Record Type 7 -- .951 Authority to Borrow from the Treasury)
[Main]{.underline} [B.A. ]{.underline}**

Col. 2 Balance of borrowing authority (4149B) 0

Col. 3 Increases and rescissions (4141E) 1 ,000

Col. 4 Borrowings (4145E) 0

Col. 5 N/A

Col. 6 Balance (4141E+ 4145E+4149B) calc (2+3-4-5) 1,000

Col. 9 Undelivered Orders (4801E) 800

Col. 10 Accounts Payable and Other Liabilities (4901E) 0

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 200

# Definite Borrowing Authority 

# Program And Financing (Schedule P)

**Year 1**

# TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 800

# 

# BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 1,000

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140
through 2385) 1,000

2395 Total new obligations (-) ( 800)

2440 Unobligated balance carried forward, end of year (4450E) 200

# 

# NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

*Mandatory:*

6000 Appropriation (4119E) 0

6053 Portion substituted for borrowing authority (-) (4140E) 0

6250 Appropriation (total) 0

6710 Authority to borrow (4141E) 1,000

# 

# CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year 0

7310 Total new obligations 800

7320 Total outlays (gross) (-) (4902E) 0

7440 Obligated balance, end of year (4801E+4901E) 800

# OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 0

8700 Total outlays (4802E-B+ 4902E) 0

# NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 1,000

9000 Outlays (net) 0

**Definite Borrowing Authority**

**Balance Sheet**

**Year 1**

Assets

> Intragovernmental
>
> 1\. Fund Balance with Treasury (1010E) 0
>
> 15\. Total assets 0

Liabilities

> Intragovernmental
>
> 16\. Accounts payable (2110E) 0
>
> 27\. Total liabilities 0

Net Position

29\. Unexpended appropriation (3100E) 0

30\. Cumulative Results of Operations (3310E) 0

31\. Total net position 0

32\. Total liabilities and net position 0

**Definite Borrowing Authority**

**Statement of Net Cost**

**Year 1**

Program Costs

1\. Intragovernmental gross costs (6100E) 0

2\. Less: Intragovernmental earned revenue 0

3\. Intragovernmental net costs [0]{.underline}

10\. Total net costs of operations 0

**Definite Borrowing Authority**

**Statement of Changes in Net Position**

**Year 1**

> **[Cumm. Results]{.underline} [Unexp. Approp.]{.underline}**

1\. Beginning Balance (3100E and 3310E) 0 0

3\. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

> 4\. Appropriations received (3101E) 0
>
> 7\. Appropriations used (3107E) (5700E) 0 (0)

16\. Total Financing Sources [0]{.underline} [0]{.underline}

17\. Net Cost of Operations [0]{.underline} [0]{.underline}

18\. Ending Balances 0 0

**Definite Borrowing Authority**

**Statement of Financing**

**Year 1**

Resources Used to Finance Activities

Budgetary Resources Obligated

1\. Obligations incurred (4801E-B) ([800)]{.underline}

11\. Total resources used to finance activities (800)

12\. Change in budgetary resources obligated for goods, services and
benefits

> Ordered but not yet provided (4801E-B) [(800)]{.underline}

17\. Total resources used to finance items not part of the net cost of
operations [(800)]{.underline}

18\. Total resources used to resources used to finance net

cost of operations (lines 11-17) [0]{.underline}

30\. Net Cost of Operations 0

**Definite Borrowing Authority**

**Closing Entry - Year 1**

5.  Closing of fiscal year borrowing authority.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F208 |
| **DR 4149 Borrowing Authority Carried Forward 1,000**         |      |
|                                                               |      |
| > CR 4141 Current Year Borrowing Authority Realized 1,000     |      |
+---------------------------------------------------------------+------+

> **Definite Borrowing Authority**
>
> **Post - Closing Trial Balance**

**Year 1**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 1,000             | 200                |
|                            |                   |                    |
| 4149                       | [0]{.underline}   | [800]{.underline}  |
|                            |                   |                    |
| 4450                       | 1,000             | 800                |
|                            |                   |                    |
| 4801                       |                   |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
|                            |                   |                    |
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

######## Definite Authority -Year 2

1.  Agency has borrowing authority that was carried forward from year
    one. Based on an appropriation or authorizing language, the agency
    received an appropriation to liquidate obligations initially
    incurred against authority to borrow when the borrowing was not
    exercised.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | **N  |
|                                                               | ew** |
| DR 4119 Other Appropriations Realized 800                     |      |
|                                                               | **TC |
| > CR 4140 Substitution of Borrowing Authority 800             | X    |
|                                                               | XX** |
| **[Proprietary Entry]{.underline}**                           |      |
|                                                               |      |
| DR 1010 Fund Balance with Treasury 800                        |      |
|                                                               |      |
| > CR 3101 Unexpended Appropriations - Appropriation Received  |      |
| > 800                                                         |      |
+---------------------------------------------------------------+------+

2.  To record the delivery of goods and accrue a liability. To record
    appropriations used for the fiscal year.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               |      |
| DR 4801 Undelivered Orders - Obligations, Unpaid 800          | B302 |
|                                                               |      |
| > CR 4901 Delivered Orders - Obligations, Unpaid 800          | TC   |
|                                                               |      |
| **[Proprietary Entry]{.underline}**                           | B134 |
|                                                               |      |
| DR 6100 Operating Expenses/Program Costs 800                  |      |
|                                                               |      |
| > CR 2110 Accounts Payable 800                                |      |
|                                                               |      |
| DR 3107 Unexpended Appropriations - Used 800                  |      |
|                                                               |      |
| CR 5700 Expended Appropriations 800                           |      |
+---------------------------------------------------------------+------+

3.  To record a valid disbursement.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | B110 |
| DR 4901 Delivered Orders -- Obligations -- Unpaid 800         |      |
|                                                               |      |
| > CR 4902 Delivered Orders- Obligations, Paid. 800            |      |
|                                                               |      |
| ## Proprietary Entry                                          |      |
|                                                               |      |
| DR 2110 Accounts Payable 800                                  |      |
|                                                               |      |
| > CR 1010 Fund Balance with Treasury 800                      |      |
+---------------------------------------------------------------+------+

> **Definite Borrowing Authority**
>
> **Pre - Closing Trial Balance**

**Year 2**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 800               | 800                |
|                            |                   |                    |
| 4119                       | 1,000             | 200                |
|                            |                   |                    |
| 4149                       | [0]{.underline}   | [800]{.underline}  |
|                            |                   |                    |
| 4140                       | 1,800             | 1,800              |
|                            |                   |                    |
| 4450                       | 800               | 800                |
|                            |                   |                    |
| 4902                       | 800               | [800]{.underline}  |
|                            |                   |                    |
| #### Total                 | [0]{.underline}   | 1,600              |
|                            |                   |                    |
| #### Proprietary           | 1,600             |                    |
|                            |                   |                    |
| 3101                       |                   |                    |
|                            |                   |                    |
| 3107                       |                   |                    |
|                            |                   |                    |
| 5700                       |                   |                    |
|                            |                   |                    |
| 6100                       |                   |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

######  

###### Definite Borrowing Authority

###### SF 133: Report On Budget Execution And Budgetary Resources 

# Year 2

## BUDGETARY RESOURCES 

1\. Budget authority

A. Appropriations (4119E) 800

B. Borrowing authority (4141E) 0

2\. Unobligated balance:

> A. Beginning of period (4149B+4201B+4801B+4901B) 200

6\. Permanently not available:

D. Other authority withdrawn (4140E) [(800)]{.underline}

7\. **Total budgetary resources** 200

## 

## STATUS OF BUDGETARY RESOURCES

##### Obligations incurred:

##### A. Direct (4801E-B + 4901E-B + 4902E) 0

8.  Unobligated balance not available:

> D. Other (4450E) [200]{.underline}

11\. **Total status of budgetary resources** 1,000

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12\. Obligated balance, net as of October 1 (4801B + 4901B) 800

13\. Obligated balance transferred, net

14\. Obligated balance, net, end of period:

C. Undelivered orders (4801E) 0

D. Accounts payable (4901E) 0

15\. Outlays:

A. Disbursements (4902E) 800

**Definite Borrowing Authority**

**FMS-2108 Year End Closing Statement**

**Year 2**

**(Record Type 7 -- .951 Authority to Borrow from the Treasury)
[Main]{.underline} [B.A. ]{.underline}**

Col. 2 Balance of borrowing authority (4149B) 1,000

Col. 3 Increases and rescissions (4141E+4140E) (800)

Col. 4 Borrowings (4145E) 0

Col. 5 N/A 0

Col. 6 Balance (4141E+ 4140E+4149B) calc (2+3-4-5) 200

Col. 9 Undelivered Orders (4801E) 0

Col. 10 Accounts Payable and Other Liabilities (4901E) 0

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 200

# Definite Borrowing Authority 

# Program And Financing (Schedule P)

**Year 2**

# TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 0

# 

# BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year
(4139B+4201B+4801B) 200

2200 New budget authority (gross) (Sum lns. 4000...6990) 0

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140
through 2385) 200

2395 Total new obligations (-) 0

2440 Unobligated balance carried forward, end of year (4450E) 200

# 

# NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

*Mandatory:*

6000 Appropriation (4119E) 800

6053 Portion substituted for borrowing authority (-) (4140E)

(Domain value of \"P\" for authority type) (800)

#### 6250 Appropriation (sum lines 6000 through 6200) 0

6710 Authority to borrow (4141E) 0

# 

# CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801B+4901B) 800

7310 Total new obligations 0

7320 Total outlays (gross) (-) (4902E) (800)

7440 Obligated balance, end of year (4801E+4901E) 0

# OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B +4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 800

8700 Total outlays (4802E-B+ 4902E) 800

**NEW BUDGET AUTHORITY AND OUTLAYS:**

8900 Budget authority (net) 0

9000 Outlays (net) 800

**Definite Borrowing Authority**

**Balance Sheet**

**Year 2**

Assets

> Intragovernmental
>
> 1\. Fund Balance with Treasury (1010E) 0
>
> 15\. Total assets 0

Liabilities

> Intragovernmental
>
> 16\. Accounts payable (2110E) 0
>
> 27\. Total liabilities 0

Net Position

29\. Unexpended appropriation (3100E) 0

30\. Cumulative Results of Operations (3310E) 0

31\. Total net position 0

32\. Total liabilities and net position 0

**Definite Borrowing Authority**

**Statement of Net Cost**

**Year 2**

Program Costs

1\. Intragovernmental gross costs (6100E) 800

2\. Less: Intragovernmental earned revenue 0

3\. Intragovernmental net costs [800]{.underline}

10\. Total net costs of operations 800

**Definite Borrowing Authority**

**Statement of Changes in Net Position**

**Year 2**

> **[Cumm. Results]{.underline} [Unexp. Approp.]{.underline}**

1\. Beginning Balance (3100E and 3310E) 0 0

3\. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

> 4\. Appropriations received (3101E) 800
>
> 7\. Appropriations used (3107E) (5700E) 800 (800)

16\. Total Financing Sources [800]{.underline} [0]{.underline}

17\. Net Cost of Operations [800]{.underline} [0]{.underline}

18\. Ending Balances 800 0

**Definite Borrowing Authority**

**Statement of Financing**

**Year 2**

Resources Used to Finance Activities

Budgetary Resources Obligated

1\. Obligations incurred (4801E-B+4902E) [0]{.underline}

11\. Total resources used to finance activities 0

12\. Change in budgetary resources obligated for goods, services and
benefits

> Ordered but not yet provided (4801E-B) [800]{.underline}

17\. Total resources used to finance items not part of the net cost of
operations [800]{.underline}

1.  Total resources used to resources used to finance net

cost of operations (lines 11-17) [0]{.underline}

30\. Net Cost of Operations 800

**Definite Borrowing Authority**

**Closing Entries - Year 2**

4.  Consolidation of actual net-funded resources.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F204 |
| **DR 4201 Total Actual Resources Collected 800**              |      |
|                                                               |      |
| > CR 4119 Other Appropriations Realized 800                   |      |
+---------------------------------------------------------------+------+

5.  Closing of fiscal year borrowing authority.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F208 |
| DR 4140 Substitution of Borrowing Authority 800               |      |
|                                                               |      |
| **DR 4149 Borrowing Authority Carried Forward 800**           |      |
+---------------------------------------------------------------+------+

6.  Closing of expended authority - paid.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F214 |
| DR 4902 Expended Authority-Paid 800                           |      |
|                                                               |      |
| > **CR 4201 Total Actual Resources Collected 800**            |      |
+---------------------------------------------------------------+------+

7.  Closing of fiscal year activity that increases unexpended
    appropriations.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Proprietary Entry]{.underline}**                           | TC   |
|                                                               | F233 |
| DR 3101 Unexpended Appropriations - Appropriations Received   |      |
| 800                                                           |      |
|                                                               |      |
| > **CR 3100 Unexpended Appropriations - Cumulative 800**      |      |
|                                                               |      |
| **DR 3100 Unexpended Appropriations - Cumulative 800**        |      |
|                                                               |      |
| CR 3107 Unexpended Appropriations - Used 800                  |      |
+---------------------------------------------------------------+------+

> **Definite Borrowing Authority**
>
> **Post Closing Trial Balance**

**Year 2**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 200               | [200]{.underline}  |
|                            |                   |                    |
| 4149                       | [0]{.underline}   | 200                |
|                            |                   |                    |
| 4450                       | 200               |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
|                            |                   |                    |
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

**Scenario B:**

**Indefinite Borrowing Authority - Portion Substituted for Borrowing
Authority (Appropriation)**

**Indefinite Borrowing Authority - Year 1**

1.  To record the estimate of borrowing to cover obligations for the
    current year.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               |      |
| DR 4042 Estimated Borrowing Authority 1,000                   | A162 |
|                                                               |      |
| > CR 4450 Unapportioned Authority 1,000                       |      |
+---------------------------------------------------------------+------+

2.  To record allotment of borrowing authority.

+---------------------------------------------------------------+------+
| #  Year 1                                                     |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | A116 |
| DR 4450 Unapportioned Authority 800                           |      |
|                                                               |      |
| > CR 4510 Apportionments 800                                  |      |
+---------------------------------------------------------------+------+

3.  To record borrowing authority previously estimated.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | A120 |
| DR 4510 Apportionments 800                                    |      |
|                                                               |      |
| > CR 4610 Allotments - Realized Resources 800                 |      |
+---------------------------------------------------------------+------+

4.  To record an unexpended obligation for authority previously allotted
    and the realization of borrowing authority.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | B204 |
| a\. DR 4610 Allotments Realized Resources 800                 |      |
|                                                               | TC   |
| > CR 4801 Undelivered Orders -- Obligations, Unpaid 800       | A154 |
|                                                               |      |
| b\. DR 4141 Current Year Borrowing Authority Realized 800     |      |
|                                                               |      |
| > CR 4032 Estimated Borrowing Authority 800                   |      |
+---------------------------------------------------------------+------+

**Indefinite Borrowing Authority**

**Adjusting Entry - Year 1**

5.  To adjust the estimated borrowing authority to zero and record a
    reduction of indefinite borrowing authority not needed to incur
    obligations.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | **N  |
|                                                               | ew** |
| a\. DR 4141 Current Year Borrowing Authority Realized 200     |      |
|                                                               | **   |
| > CR 4042 Estimated Borrowing Authority 200                   | TC** |
|                                                               |      |
| b\. DR 4450 Unapportioned Authority 200                       | **A1 |
|                                                               | 54** |
| > **CR 4143 Reduction of Borrowing Authority** 200            |      |
|                                                               | TC   |
|                                                               | A160 |
+---------------------------------------------------------------+------+

> **Indefinite Borrowing Authority**\
> **Pre - Closing Trial Balance**

**Year 1**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 1,000             | 200                |
|                            |                   |                    |
| 4141                       | [0]{.underline}   | [800]{.underline}  |
|                            |                   |                    |
| 4143                       | 1,000             | 1,000              |
|                            |                   |                    |
| #### 4801                  |                   |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
|                            |                   |                    |
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

###### Indefinite Borrowing Authority

###### SF 133: Report On Budget Execution And Budgetary Resources 

# Year 1

## BUDGETARY RESOURCES 

1.  Budget authority

B. Borrowing authority (4141E) 1,000

6\. Permanently not available:

D. Other Authority Withdrawn (4143E) [( 200)]{.underline}

7\. **Total budgetary resources** 800

## 

## STATUS OF BUDGETARY RESOURCES

##### 8. Obligations incurred:

#####  A. Direct (4801E-B + 4901E-B + 4902E) 800

10\. Unobligated balance not available:

> D. Other (4450E) [0]{.underline}

11\. **Total status of budgetary resources** 800

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12\. Obligated balance, net as of October 1 (4801B + 4901B)

13\. Obligated balance transferred, net

14\. Obligated balance, net, end of period:

> C. Undelivered orders (4801E) 800
>
> D. Accounts payable (4901E) 0

15\. Outlays:

A. Disbursements (4902E) 0

**Indefinite Borrowing Authority**

**FMS-2108 Year End Closing Statement**

**Year 1**

**(Record Type 7 -- .951 Authority to Borrow from the Treasury)
[Main]{.underline} [B.A. ]{.underline}**

Col. 2 Balance of borrowing authority (4149B)

Col. 3 Increases (4141E) 1 ,000

Col. 4 Borrowings (4145E)

Col. 5 Adjustments (4143E) (200)

Col. 6 Balance (4141E+ 4143E+4145E+4149B) calc (2+3-4-5) 800

Col. 9 Undelivered Orders (4801E) 800

Col. 10 Accounts Payable and Other Liabilities (4901E) 0

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 0

# Indefinite Borrowing Authority 

# Program And Financing (Schedule P)

**Year 1**

# TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 800

# 

# BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 800

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140
through 2385) 800

2395 Total new obligations (-) (800)

2440 Unobligated balance carried forward, end of year (4450E) 0

# 

# NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

*Mandatory:*

6000 Appropriation (4119E) 0

6053 Portion substituted for borrowing authority (-) (4140E) 0

6250 Appropriation (total) 0

6710 Authority to borrow (4141E +4143E) 800

# 

# CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801E+4901E) 0

7310 Total new obligations 800

7320 Total outlays (gross) (-) (4902E) 0

7440 Obligated balance, end of year (4801E+4901E) 800

# OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 0

8700 Total outlays (4802E-B + 4902E) 0

**NEW BUDGET AUTHORITY AND OUTLAYS:**

8900 Budget authority (net) 800

9000 Outlays (net) 0

**Indefinite Borrowing Authority**

**Balance Sheet**

**Year 1**

Assets

> Intragovernmental
>
> 1\. Fund Balance with Treasury (1010E) 0
>
> 15\. Total assets 0

Liabilities

> Intragovernmental
>
> 16\. Accounts payable (2110E) 0
>
> 27\. Total liabilities 0

Net Position

29\. Unexpended appropriation (3100E) 0

30\. Cumulative Results of Operations (3310E) 0

31\. Total net position 0

32\. Total liabilities and net position 0

**Indefinite Borrowing Authority**

**Statement of Net Cost**

**Year 1**

Program Costs

1\. Intragovernmental gross costs (6100E) 0

2\. Less: Intragovernmental earned revenue 0

3\. Intragovernmental net costs [0]{.underline}

10\. Total net costs of operations 0

**Indefinite Borrowing Authority**

**Statement of Changes in Net Position**

**Year 1**

> **[Cumm. Results]{.underline} [Unexp. Approp.]{.underline}**

1\. Beginning Balance (3100E and 3310E) 0 0

3\. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

> 4\. Appropriations received (3101E) 0
>
> 7\. Appropriations used (3107E) (5700E) 0 (0)

16\. Total Financing Sources [0]{.underline} [0]{.underline}

17\. Net Cost of Operations [0]{.underline} [0]{.underline}

18\. Ending Balances 0 0

**Indefinite Borrowing Authority**

**Statement of Financing**

**Year 1**

Resources Used to Finance Activities

Budgetary Resources Obligated

1\. Obligations incurred (4801E-B) [800]{.underline}

11\. Total resources used to finance activities 800

12\. Change in budgetary resources obligated for goods, services and
benefits

> Ordered but not yet provided (4801E-B) [(800)]{.underline}

17\. Total resources used to finance items not part of the net cost of
operations [(800)]{.underline}

2.  Total resources used to resources used to finance net

cost of operations (lines 11-17) [0]{.underline}

30\. Net Cost of Operations 0

**Indefinite Borrowing Authority**

**Closing Entry - Year 1**

6.  Closing of fiscal year borrowing authority.

+---------------------------------------------------------------+------+
| # Year 1                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F208 |
| DR 4143 Reduction of Borrowing Authority 200                  |      |
|                                                               |      |
| **DR 4149 Borrowing Authority Carried Forward 800**           |      |
|                                                               |      |
| > CR 4141 Current Year Borrowing Authority Realized 1,000     |      |
+---------------------------------------------------------------+------+

> **Indefinite Borrowing Authority**
>
> **Post - Closing Trial Balance**

**Year 1**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 800               | [800]{.underline}  |
|                            |                   |                    |
| 4149                       | [0]{.underline}   | 800                |
|                            |                   |                    |
| 4801                       | 800               |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
|                            |                   |                    |
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

######## Indefinite Authority -Year 2

1.  Downward adjustment of prior year obligation due to a recovery of
    \$200.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               |      |
| a\. DR 4871 Downward Adjustments of Prior-Year Unpaid         | D134 |
|                                                               |      |
| Undelivered Orders-Obligations, Recoveries 200                | **N  |
|                                                               | ew** |
| > CR 4450 Unapportioned Authority 200                         |      |
|                                                               | **   |
| b\. DR 4450 Unapportioned Authority 200                       | TC** |
|                                                               |      |
| > **CR 4144 Borrowing Authority Withdrawn** 200               | **D1 |
|                                                               | 38** |
+---------------------------------------------------------------+------+

2.  Agency has borrowing authority that was carried forward from year
    one. Based on an appropriation or authorizing language, the agency
    received an appropriation to liquidate obligations initially
    incurred against authority to borrow when the borrowing was not
    exercised.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | **N  |
|                                                               | ew** |
| DR 4119 Other Appropriations Realized 600                     |      |
|                                                               | **TC |
| > **CR 4140 Substitution of Borrowing Authority** 600         | A1   |
|                                                               | 55** |
| **[Proprietary Entry]{.underline}**                           |      |
|                                                               |      |
| DR 1010 Fund Balance with Treasury 600                        |      |
|                                                               |      |
| > CR 3101 Unexpended Appropriations - Appropriation Received  |      |
| > 600                                                         |      |
+---------------------------------------------------------------+------+

3.  To record the delivery of goods and accrue a liability. To record
    appropriations used for the fiscal year.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               |      |
| DR 4801 Undelivered Orders - Obligations, Unpaid 600          | B302 |
|                                                               |      |
| > CR 4901 Delivered Orders - Obligations, Unpaid 600          | TC   |
|                                                               |      |
| **[Proprietary Entry]{.underline}**                           | B134 |
|                                                               |      |
| DR 6100 Operating Expenses/Program Costs 600                  |      |
|                                                               |      |
| > CR 2110 Accounts Payable 600                                |      |
|                                                               |      |
| DR 3107 Unexpended Appropriations - Used 600                  |      |
|                                                               |      |
| CR 5700 Expended Appropriations 600                           |      |
+---------------------------------------------------------------+------+

4.  To record a valid disbursement.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | B110 |
| DR 4901 Delivered Orders -- Obligations -- Unpaid 600         |      |
|                                                               |      |
| > CR 4902 Delivered Orders- Obligations, Paid. 600            |      |
|                                                               |      |
| ## Proprietary Entry                                          |      |
|                                                               |      |
| DR 2110 Accounts Payable 600                                  |      |
|                                                               |      |
| > CR 1010 Fund Balance with Treasury 600                      |      |
+---------------------------------------------------------------+------+

> **Indefinite Borrowing Authority**
>
> **Pre - Closing Trial Balance**

**Year 2**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### Budgetary             | 600               | 600                |
|                            |                   |                    |
| 4119                       | 800               | 200                |
|                            |                   |                    |
| 4149                       | 200               | 200                |
|                            |                   |                    |
| 4140                       | [0]{.underline}   | [600]{.underline}  |
|                            |                   |                    |
| 4144                       | 1,600             | 1,600              |
|                            |                   |                    |
| 4801                       | 800               | 800                |
|                            |                   |                    |
| 4871                       | 800               | [800]{.underline}  |
|                            |                   |                    |
| 4902                       | [0]{.underline}   | 1,600              |
|                            |                   |                    |
| #### Total                 | 1,600             |                    |
|                            |                   |                    |
| #### Proprietary           |                   |                    |
|                            |                   |                    |
| 3101                       |                   |                    |
|                            |                   |                    |
| 3107                       |                   |                    |
|                            |                   |                    |
| 5700                       |                   |                    |
|                            |                   |                    |
| 6100                       |                   |                    |
|                            |                   |                    |
| #### Total                 |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+

######  

###### Indefinite Borrowing Authority

###### SF 133: Report On Budget Execution And Budgetary Resources 

# Year 2

## BUDGETARY RESOURCES 

1\. Budget authority

A. Appropriations (4119E) 600

B. Borrowing authority (4141E) 0

2\. Unobligated balance:

A. Beginning of period (4149B+4210B+4801B+4901B) 0

4\. Recoveries or prior year obligations:

A. Actual (4871E) 200

6\. Permanently not available:

D. Other authority withdrawn (4140E+4144E) [(800)]{.underline}

7\. **Total budgetary resources** 0

## 

## STATUS OF BUDGETARY RESOURCES

##### 8. Obligations incurred:

#####  A. Direct (4801E-B + 4901E-B + 4902E) 0

10\. Unobligated balance not available:

D. Other (4450E) [0]{.underline}

11\. **Total status of budgetary resources** 0

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12\. Obligated balance, net as of October 1 (4801B + 4901B) 800

13\. Obligated balance transferred, net

14. Obligated balance, net, end of period:

C. Undelivered orders (4801E+4871E) 0

D. Accounts payable (4901E) 0

15. Outlays:

> A. Disbursements (4902E) 600

**Indefinite Borrowing Authority**

**FMS-2108 Year End Closing Statement**

**Year 2**

**(Record Type 7 -- .951 Authority to Borrow from the Treasury)
[Main]{.underline} [C.A. ]{.underline}**

Col. 2 Balance of borrowing authority (4149B) 800

Col. 3 Increases (4141E) 0

Col. 4 Borrowings (4145E) 0

Col. 5 Adjustments (4140E+4144E) (800)

Col. 6 Other Authorizations (4141E+ 4140E+4149B) calc (2+3-4-5) 0

Col. 9 Undelivered Orders (4801E+4871E) 0

Col. 10 Accounts Payable and Other Liabilities (4901E) 0

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 0

# Indefinite Borrowing Authority 

# Program And Financing (Schedule P)

**Year 2**

# TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 0

# 

# BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year
(4149B+4201B+4801B) 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 0

2210 Resources available from recoveries of prior year obligations
(4871E) 200

2275 Balance of authority to borrow withdrawn (4144E) (200)

2390 Total budgetary resources available for obligation (sum 2140
through 2385) 0

2395 Total new obligations (-) 0

2440 Unobligated balance carried forward, end of year (4450E) 0

# 

# NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

*Mandatory:*

6000 Appropriation (4119E) 600

6053 Portion substituted for borrowing authority (-) (4140E)

(domain value of \"P\" for authority type) (600)

#### 6250 Appropriation (sum lines 6000 through 6200) 0

6710 Authority to borrow (4141E) 0

# 

# CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801E+4901E) 800

7310 Total new obligations 0

7320 Total outlays (gross) (-) (4902E) (600)

7345 Recoveries of prior obligations (4871E) (200)

7440 Obligated balance, end of year (4801E+4901E) 0

# OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 600

8700 Total outlays (4802E-B+ 4902E) 600

**NEW BUDGET AUTHORITY AND OUTLAYS:**

8900 Budget authority (net) 0

9000 Outlays (net) 600

**Indefinite Borrowing Authority**

**Balance Sheet**

**Year 2**

Assets

> Intragovernmental
>
> 1\. Fund Balance with Treasury (1010E) 0
>
> 15\. Total assets 0

Liabilities

> Intragovernmental
>
> 16\. Accounts payable (2110E) 0
>
> 27\. Total liabilities 0

Net Position

29\. Unexpended appropriation (3100E) 0

30\. Cumulative Results of Operations (3310E) 0

31\. Total net position 0

32\. Total liabilities and net position 0

**Indefinite Borrowing Authority**

**Statement of Net Cost**

**Year 2**

Program Costs

1\. Intragovernmental gross costs (6100E) 600

2\. Less: Intragovernmental earned revenue 0

3\. Intragovernmental net costs [600]{.underline}

10\. Total net costs of operations 600

**Indefinite Borrowing Authority**

**Statement of Changes in Net Position**

**Year 2**

> **[Cumm. Results]{.underline} [Unexp. Approp.]{.underline}**

1\. Beginning Balance (3100E and 3310E) 0 0

3\. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

> 4\. Appropriations received (3101E) 600
>
> 7\. Appropriations used (3107E) (5700E) 600 (600)

16\. Total Financing Sources [600]{.underline} [0]{.underline}

17\. Net Cost of Operations [600]{.underline} [0]{.underline}

18\. Ending Balances 600 0

**Indefinite Borrowing Authority**

**Statement of Financing**

**Year 2**

Resources Used to Finance Activities

Budgetary Resources Obligated

1\. Obligations incurred (4801E-B+4902E) [0]{.underline}

11\. Total resources used to finance activities 0

12\. Change in budgetary resources obligated for goods, services and
benefits

> Ordered but not yet provided (4801E-B) [600]{.underline}

17\. Total resources used to finance items not part of the net cost of
operations [600]{.underline}

3.  Total resources used to resources used to finance net

cost of operations (lines 11-17) [0]{.underline}

30\. Net Cost of Operations 600

**Indefinite Borrowing Authority**

**Closing Entries - Year 2**

5.  Consolidation of actual net-funded resources.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F204 |
| **DR 4201 Total Actual Resources Collected 600**              |      |
|                                                               |      |
| > CR 4119 Other Appropriations Realized 600                   |      |
+---------------------------------------------------------------+------+

6.  Closing of fiscal year borrowing authority.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F208 |
| DR 4140 Substitution of Borrowing Authority 600               |      |
|                                                               |      |
| DR 4144 Borrowing Authority Withdrawn 200                     |      |
|                                                               |      |
| **DR 4149 Borrowing Authority Carried Forward 800**           |      |
+---------------------------------------------------------------+------+

7.  Closing of related downward adjustments to unpaid unexpended
    obligations.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F227 |
| **DR 4801 Undelivered Orders - Obligations, Unpaid 200**      |      |
|                                                               |      |
| > CR 4871 Downward Adjustments of Prior-Year Unpaid           |      |
| >                                                             |      |
| > Undelivered Orders - Obligations, Recoveries 200            |      |
+---------------------------------------------------------------+------+

8.  Closing of expended authority - paid.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Budgetary Entry]{.underline}**                             | TC   |
|                                                               | F214 |
| DR 4902 Expended Authority-Paid 600                           |      |
|                                                               |      |
| > **CR 4201 Total Actual Resources Collected 600**            |      |
+---------------------------------------------------------------+------+

9.  Closing of fiscal year activity that increases unexpended
    appropriations.

+---------------------------------------------------------------+------+
| # Year 2                                                      |      |
+---------------------------------------------------------------+------+
| **[Proprietary Entry]{.underline}**                           | TC   |
|                                                               | F233 |
| DR 3101 Unexpended Appropriations - Appropriations Received   |      |
| 600                                                           |      |
|                                                               |      |
| > **CR 3100 Unexpended Appropriations - Cumulative 600**      |      |
|                                                               |      |
| **DR 3100 Unexpended Appropriations - Cumulative 600**        |      |
|                                                               |      |
| CR 3107 Unexpended Appropriations - Used 600                  |      |
+---------------------------------------------------------------+------+

> **\
> **
>
> **Indefinite Borrowing Authority**
>
> **Post Closing Trial Balance**

**Year 2**

+----------------------------+-------------------+--------------------+
| ### USSGL Account          | ### Debit         | **Credit**         |
+----------------------------+-------------------+--------------------+
| #### No Balances           |                   |                    |
+----------------------------+-------------------+--------------------+
| ####                       |                   |                    |
+----------------------------+-------------------+--------------------+