Transcription of GENERAL USE GENERAL LEDGER CODES/ACCOUNT CODES
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GENERAL USE GENERAL LEDGER CODES/ACCOUNT CODES
Last Revision: 01/01/2017 Page 1 of 11 GENERAL USE GENERAL LEDGER CODES / account CODES (This is a partial listing of GENERAL LEDGER CODES which should meet your needs in processing the majority of purchasing and payment documents. GL code Category Description Travel Pooled account : 6050 Include in this account payment for transportation fare, rental car charges, registration fees (unless being paid by SPD), hotel and lodging cost, mileage and per diem payments and related expenses of travel such as tolls, parking fees and taxi fare for persons authorized to travel at the college's expense. These persons may include college staff, students, prospective employees, official guests of the college, board members, advisory board members, etc.)
Jan 01, 2017 · 1. It is consumed in use. 2. It loses its original shape or appearance with use. 3. It is expendable, that is, if it is usually more feasible to replace it with a new unit rather than repair it when it is damaged or some part of its parts are lost or worn out. 4. It is an inexpensive item whose small unit cost makes it inadvisable to capitalize ...
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