Iowa Community College Accounting Manual, July 1999

(1999) Iowa Community College Accounting Manual, July 1999. Education, Department of

Preview

PDF iowa_community_college_accounting_manual_July_1999_OCR_.pdf File Size:25MB

Abstract

This accounting system utilizes a “functional” chart of accounts and a “general ledger” chart of accounts. The functional chart reflects the organizational units, or cost centers of the Iowa Community College. The general ledger chart sets out the individual asset, liability, fund balance (equity), revenue, and expenditure accounts. Revenue accounts are identified by source and expenditure accounts are identified by type and object.