journal-entries-mutual-fund-accounting 2/5. Accounting journals are kept by the accounting and finance departments of all kinds of businesses. Journal. Journal entry is an entry to the journal. Revs. Basis of Accounting ! Mutual Funds Finance And Accounting Simplified. 182 0 obj <> endobj <> Journals (or journal entries) are simply records of individual transactions in chronological (date) order. 4. endobj Inner SFM SM V1 ICAI Knowledge Gateway. Reply. 2. Pdf; Journal Entry Pdf; Trial Balance Pdf; Rectification Pdf; 3 Col. Cash Book Pdf; Bank Reconciliation Pdf; Adjusting Entries Pdf; Financial Statement Pdf ; Worksheet Pdf; 4 Comments. endobj h� Featuring a flexible, divsional chart of accounts, a built-in check writer, and a complete financial report writer, the General Ledger operates in harmony with the Sage Fund Accounting modules for a complete accounting solution. Each line or record of a journal voucher (JV) requires a journal type (i.e. 18 0 obj <> endobj Journal Entries. journal-entries-mutual-fund-accounting 1/5 PDF Drive - Search and download PDF files for free. on December 13, 2020 by guest. endobj The basis of accounting determines when transactions and events are recognized. 32,500 of photography equipment in the business. endstream h�bbd``b`z$C�C�� $~�0012������� �%� endstream endobj 3 0 obj <>stream x�u�Mk1������+4N>6AB�=HR���bmm�~Ye�r̼�3����v�9���A���>8#� "���!3���칁2�W�"+�\4-�=q������`m8R�F�s���3�g�{�7Ȫ"˘e:6rk�����)'��$a�p�I��;X`��a�YD���6�T�n�Ys(���1(�q����� �C��D���U��,)��IF�����C�H�t��%�r���g�@��B9!%��O�Y2��׷@Lm2�߾Ҵ�J�[�w_~�T�D_���}� Purchase Journal Entry is the accounting entry made in the books of accounts, to record either of these two situations. 10 0 obj ; In the Company/Fund box, enter the company/fund name that this general journal is for. Top 10 Examples of Journal Entry. A sum of money designated for a special purpose. Page 2/6. The result is that at any point of time, company’s accounting remains in balance. Accounting And Journal Entry For Provident Fund. Alamgir. On the Processes menu, click General Journal Entries. journal entries mutual fund accounting Journal Entries Mutual Fund Accounting In. A series of intuitive sort and filter options provide the ability to customize data views that align with your operational requirements and daily workflows. Learning Objectives Discuss similarities & differences between GF and SRFs Explain MFBA used for these funds Understand and prepare budgetary entries Analyze common journal entries for transactions, including interfund activity Prepare adjusting & closing entries Define special items and extraordinary items Prepare GF and SRF financial statements <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 21 0 R/Group<>/Tabs/S/StructParents 3>> Thread starter suiathon; Start date Oct 17, 2018; S. suiathon. c. The equity of a municipality in its own assets. Reconciliation may be Necessary. The bank transaction journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting of banking transactions. GASB / GAAP / Financial Reporting! endstream endobj 4 0 obj <> endobj 5 0 obj <>stream The balance sheet is simple, cash to cash. When used in fund accounting, the term “fund” usually refers to a. Example of jounal entry includes the purchase of machinery by the country where machinery account will be debited and the cash account will be credited.. The University has three basic financial statements: 1. This is simply writing out the amount, the account code, description and whether it’s a debit or credit entry. 21 0 obj This is a … 13 Entry! <>>> 712 App. Fund accounting is a way to separate money and other resources into categories based on the source of funds and any restrictions on the use of those funds. Sample Accounting Journal Template Journal Entries- Fund Based vs. Government-Wide. 8 0 obj 23 0 obj h�\�Kn�@�O�/�ƞ8fXj��UZ�V$R��; 4k���hi�~S�=�װJِ抹���I[JIy樥bs�g��cz4�(?�m�’ �]�[��')�&,"�h�H�LO�����9������j�����9��%� �����@5��.���|L�{�#�Z].�"�S���`¸�W� +�>s accounting terms, mutual funds are made up of. z˛[�.�Ɂ�'� :x?��!>������@�o4� (JOURNAL ENTRIES, LEDGER AND TRIAL BALANCE) Source Document : A document which provides evidence of the transactions is called the Source Document such as Cash memo, Invoice etc. Organizations use fund accounting to track money related to a specific project or purpose. Accounting journal entries generally refer to entries in a journal and records that help maintain accounting related transactions chronologically as they happen. endobj General Journal.pdf November 5, 2013 Page 1 of 4 County Accounting Manual General Journal Contents: Accounts and effects Example Journal entries Create Journal Entry Create Journal Report A Journal entry is a transaction record in which the amount in the Debit column equals the amount in the Credit column, and each amount is assigned to an account on the chart of accounts. h�24�P0P���(�ON-��pq���0 L�� Previous. 3 0 obj Accounting Bulletin (revised May 2017) - Accounting and Financial Reporting for Pensions as Required by GASB 68 and Updated by GASB 82 - Code names added in the Appendix. endobj 1 0 obj ���[e�-+���]�-� U]֎L3��� �U:ƹ(��^�5���Ir��������'E�R���56�!�EUV�����P�[����ԩ>w�&�*� ���.��y���qD�'�i��(�f��^�b�F����048-]��R�>��iTg��*�i[�(͚Ί��H3��.��vI ó�����. Accounting journal is the recording of transactions in order of occurrence. Without a proper accounting journal, this task becomes a whole lot harder. %PDF-1.5 %���� Bank Transaction Journal Entries Examples. No Impact on Financial Statements. This template will help you make good accounting journals that are suited to your needs. Journal Entries- Fund Based vs. Government-Wide. It shows how revenue is being spent and determines if the revenue is being used for its specific purpose. The following journal entry examples in accounting provide an understanding of the most common type of journal entries used by the business enterprises in their day to day financial transactions. x��TMo�@�[�?̩ZGe�/��E Journal Entries Adjusting Entries Closing Entries Balance Sheet and Income Statement Starts here: Accounting Cycle, Page 2 of 9 Step 1 Business transactions occur that result in source documents such as receipts, bills, checks, etc. Fund accounting is a system of accounting used by non-profit entities to tracking the amount of cash assigned to different purposes and the usage of that cash. In each example the bank transaction journal entries show the debit and credit account together with a brief narrative. <> %%EOF The first step, hence, in making the journal is to identify the number of accounts. B.1 ACQUISITIONS To record an acquisition using the fair market value of assets and liabilities, with an entry to goodwill that records the difference between this total and the price paid. the plus side, and fund purchases and expenses. Oct 17, 2018 #1 A client has several funds and at times needs to make a transfer between the funds. Accounting Eq. Read Online Journal Entries Mutual Fund Accounting. on December 13, 2020 by guest. Chapter 7 – General Journal Entries 7-1 Effective Date: 9-1-19 INTRODUCTION The following pages have examples of the types of general journal entries common to school districts and may not be all-inclusive. endobj 11. CHAPTER 11 – Debt Service Fund Accounting Table of Contents Page INTRODUCTION ..... 1 DEBT SERVICE FUND ..... 1 Debt Service Fund Expenditures ..... 2 Transfer of State Forest Revenue From the Debt Service Fund to the Capital Projects Fund..... 3 Introduction to Accounting for Advance Bond Refunding ..... 3 BOND ISSUE AND BOND REFUNDING JOURNAL ENTRIES ..... 5 Bond Issues..... 6 Bond … Accounting journal is the recording of transactions in order of occurrence. Journal Entry For Provident Fund (PF) Provident fund or PF is a compulsory retirement savings plan managed by the government where employees contribute a fixed percentage of their monthly pay-out and the same amount is contributed by the employer.Accounting and Journal entry for provident fund is … No Impact on Financial Statements. ���ĞBk��u��0��5kא�:�ٮƟ/e��u�[�C����h����Ob�Y���-�:GuQ�pIjk��l EBOOK PLESETSK PDF Http Ebook Plesetsk Org. 57,500 cash and Rs. <> You can locate the similar sticker album that you order right here. pauledward on March 26, 2019 at 10:16 am . Enter a General Journal Entry. Journal Types for Journal Entries 187 0 obj <>/Filter/FlateDecode/ID[<3619FF796BB32FC799B7CA51F379DDD7><02808D455A58CF449964B272986048BF>]/Index[182 11]/Info 181 0 R/Length 48/Prev 143127/Root 183 0 R/Size 193/Type/XRef/W[1 2 1]>>stream Problems 2: Prepare general journal entries for the following transactions of a business called Pose for Pics in 2016: Aug. 1: Hashim Khan, the owner, invested Rs. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Journal entries are a way to record financial transaction. ��aH�z� �&.��`$ڕa�)%�ѯ�vb#�ƶ�ѝ93�4\������3`GGprv endobj A fund is like a separate company within your organization. There are a few instances where journal entries should be reversed in the following accounting period. ~������3N�����5���2�S�}7�|��w���?�������U>!���`�`�d�����00��� �+�? the plus side, and fund purchases and expenses. MZ������G�P��bE��l�J*&V�k�V��'8ş \�o Accounting PDF. Reverse out EOP! Accounting PDF. Meaning of Purchase. At times, there may be no documentary proof for certain items in ... “Accounting equation holds good under all circumstances.” RULES OF DEBIT AND CREDIT : E�5�(r�?/&\rj \^��S.�rp�֗g��O��&�f3C�`pF��#��vtc�3d����)e�i2; W\���${��#��:%G''�u�̫sr|Y�V�5�g�����5iO� ���z���z5�N$�Ç�Ͱ��Ԋ�$�p�Sob��R.ڇ-e�]���jXX�|c��R�N��b�&� ������]l� ��ND����N�Ê ����C��2f�Jv@�+i�Q���"��~ˎ�)�&��*W�g$���g\]��-�*�l�0�f&96�]k %I��W�����e�i��(�߲�E�$���ʧ�dA[^�~]4�"E�-����9�9. �����U�}g؅%Zq�`��{o�g`�������-��nn��BH�D�`��ƅ��+�)�J�O�ʫ0�p�88"�{_.S��j�6})���g�C��|�AU{T��T�D�Hnh�y� You have remained in right site to begin getting this info. endobj endstream endstream endobj 1 0 obj <> endobj 2 0 obj <>stream h��[[s۸~ׯ��9�Bp��t��8�nv�m�(��l��ش��"����� Eɢ#�q��3#��;�; ��O�������D*��5�r��$\QK���l�ɜL~'�0�ljR� asil hussain on March 10, 2020 at 8:20 pm . <> All Sage Fund Accounting modules build on the General Ledger. 12 Recording the Budget! B Journal Entries There are a few instances where journal entries should be reversed in the following accounting period. 04: Paid Rs. ... #16a Adjusting Entries: Accruals [Page 407] Operating Expenses Nonoperating Expenses –Interest Accrued Salaries & Wages Payable Accrued Interest Payable Accrued Utilities Payable Compensated Absences Payable 13,500 2,000 4,500 2,000 7,500 1,500. Accounting Entries For Provident Fund. USA Fund Accounting Journal Entry for transfers. endstream <> Why should you assume it if you can acquire the faster one? For Example Date Account Code Account Name Description Debit £ Credit £ 1/1/X5 … <> County Accounting Manual General Journal Contents: Accounts and effects Example Journal entries Create Journal Entry Create Journal Report A Journal entry is a transaction record in which the amount in the Debit column equals the amount in the Credit column, and each amount is assigned to an account on the chart of accounts. b. Journal Entries Fund Based Vs 2 / 68. In other words, fund accounting has to do with reporting standards and disclosures rather than profits. In every journal entry that is recorded, the debits and credits must be equal to ensure that the accounting equation (Assets = Liabilities + Shareholders’ Equity) remains in balance. When we make a journal entry, its debit side should equate the credit side. 04: Paid Rs. accta December 5, 2015 November 30, 2018 Financial Accounting Review. 3.7 Journal Entries Entries to the ledger are made through journal entries. Journal Entry for Employer’s Contribution; Journal Entry for Employee’s Contribution ; Journal for Fund Transfer; Interest on Provident Fund; Topic Overview. Fund Accounting Interactive provides convenient access to fund information including net asset values (NAVs), positionsand data visualization capabilities. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 10 0 R/Group<>/Tabs/S/StructParents 1>> 10,000. <> accounting terms, mutual funds are made up of. journal entries mutual fund accounting Journal Entries Mutual Fund Accounting In. Downloaded from ons.oceaneering.com. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 23 0 R/Group<>/Tabs/S/StructParents 4>> Downloaded from ons.oceaneering.com. 14 0 obj Basic Journal Entries Example 2. endobj Purchase simply means to get or acquire something, by paying for it , either at the time when the goods are procured or at a later date. [ 13 0 R] ; If you have recurring general journal transactions for this company/fund, click the right-arrow icon and select the recurring transaction from the Set Recurring Transaction screen, and click Save. Read Online Journal Entries Mutual Fund Accounting Why you need to wait for some days to acquire or receive the ����0zs3 ����97)I��M�PYn LVt?�{1e�vM��(e��z����0�����T�UzN[�U��5�����t(D�G�\$� Fund accounting promotes control and accountability over restricted resources. III. 22 0 obj All over the world, double-entry system of accounting is used to record financial transactions. Question endstream endobj 186 0 obj <>stream 2. Fund Balance 10 Journal Entries 10-12 Example #1: Correcting a voucher Example #2: Correcting a procard Example #3: Correcting payroll Example #4: Transferring support Journal Entries to Payroll Accounts 12-13 Journal Entries to Grants 13 Accounting Transactions 13-14 Example #5: Making a deposit Example #6: Paying an invoice Because of this basic fundamental rule, it means that all the debits and all the credits in the ledger will be equal. 192 0 obj <>stream Journal. Previous. 2 0 obj Formally Record into Accounting System ! The template can be edited and downloaded in PDF format. À��1.� ���0�� ����0�r&ׂF���G���)@'_&���!�%�4{-� d"i��N:�ח!~���X;�,8L ��.s5�������2r)s2��RRl�p� Journal Entry: Estimated Revenues Fund Balance Fund Balance Appropriations (Estimated Expenditures) 14 Budget Accounts Linked to Actual Accounts Est. The Lines Tab 10. This is it the record that you can receive directly after purchasing. endobj Based on the number of accounts available for use, the type of entry into the journal will also be decided. 20 0 obj s��2�((R�&0����w�V�Tf�g���DM��t����08�$N�� �f�84Y$~%���oG}w�X.�V��D�����z]���.�:ڏI р�լ�*[5���5�A���\���H�3r��'� D �� eJ��kY/@b'c_�����$�ڧt�>qIE��}Z�u�t��0U���ʕ~r�~B�Z�0�[h��Z��Qkʭ\�&W���� Q�m��!��}=X����j7����n�}m[mwy���~�wC� �����FM_�����U�b>��q���ɼ���l�����gj��UѸ�jn����V�S9Xz�2Ŵ-�p��L��?D�k1�u���Κ$/ۚ9��2|�)K?�2�nG�� <> Accounting Eq. }�����C��n���h ������^9�n��׋�ߟu�0E� B.1 ACQUISITIONS To record an acquisition using the fair market value of assets and liabilities, with an entry Joined Jun 30, 2016 Messages 7 Reaction score 0 Country. o Enterprise Funds. City council adopts an annual budget for the general fund with estimated revenues of $1,700,000, appropriations of $1,500,000, and approved transfers of $120,000. Objectives: In this chapter you will learn about: • what transfers are and when they are used • how to request a transfer journal entry B. 3,000 cash for an insurance policy covering the next 24 months. accta December 5, 2015 November 30, 2018 Financial Accounting Review. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 17 0 R/Group<>/Tabs/S/StructParents 2>> cash director’s advances salary expenses cash. 4 0 obj Journal entry is an entry to the journal. 1. %���� 3 Financial Accounting Services (all transfers) Post Award (all transfers) IPT journals lacking supporting documentation as identified in this document, or not meeting the policies and guidelines below will not be approved at the central office levels. When managed properly, fund accounting can reveal areas of strength and weakness. 1. 57,500 cash and Rs. Accounting Journal Entries. 0 Government / Budgeting ! endobj @&,�r�;�l� �RJ��������u�O������S�Q�!��%�r�mڏ��_�U�,��)�趞��e��">T5y쇭k�4I���>����ݦ�@I��/d��DjT84������^7��������ې���wcs���0��� _Wܑ�8���5D��I�I�~��4���2T��6�������TC�4�5z� Pc�@ ZI��N=���q���J*� 16 0 obj When this is necessary, a warning note is attached to the bottom of the relevant journal entries. journal entries covering employee travel expenses are relatively simple and the accounts are closed at the end of the year, if the expenses pertain to just the current accounting year. When dealing with nonprofit organizations, fund accounting is a way of measuring and recording donations made to the nonprofit organization. Journal entry support must be attached for all journal entries where either the debit or the credit is to a sponsoredproject. x��SM��0�G�����۱�DB��P+��E��! To unadulterated your curiosity, we come up with the money for the favorite journal entries mutual fund accounting lp as the unusual today. <> There are specific rules associated with each journal type. a rule code for the accounting entry). The advantage of fund accounting is the ability to see financial reports for all of a nonprofit organization’s funds as a whole as well as seeing each fund individually. !|'d�N��00��N 20)�Ҍ@��@c(�Q � "�Q" 6 0 obj stream Reverse out EOP! 9 0 obj Journal Entries Mutual Fund Accounting journal entries mutual fund accounting Recognizing the mannerism ways to acquire this ebook journal entries mutual fund accounting is additionally useful. <> Journal Entries. The bank account referred to in these journal entries is a separate account in the general ledger for a specific named bank account and would be shown under the balance sheet heading of cash and cash equivalents. Journal Types In Banner, journal entries and ID charges are entered on a journal voucher page (either FGAJVCQ or FGAJVCD). For example, when the company spends cash to purchase a new vehicle, the cash account is decreased or credited and the vehicle account is increased or debited. Please note that journals are not limited to trust accounts, but can also exist in the business accounts of the firm. stream 13 Entry! Accounting Journal Entries. 07: Services are performed and clients are billed for Rs. Statement of Net Position (Balance Sheet) 2. Sage Fund Accounting Module Overview Award-winning Sage Fund Accounting (formerly MIP) is the financial management solution preferred by nonprofit and government organizations for planning and managing budgets, quickly producing accurate reports, maximizing grants, and streamlining human resource management and reporting. Accounting Structure 8 Funds 8-9 Accounts 9 Fund Balance 10 Journal Entries 10-12 Example #1: Correcting a voucher ... making journal entries, you contribute to the preparation of the University’s financial statements. endobj stream I�Z)R�"�z0�W�P4ɿ� @�R,��7�f�����e����-��+����#@p!�TJ��+�����d�y�f#��´�f�[ǁ���� r�v�ڃ ��i��3~�O����j����+���[�3\o�%A;��EЛ����8}��8u��!=c�0�Q�� %ñp�%F�x���,��t?_�����O}�8w��^]��\�ѵU\�}C'�o�D��R��\mc5��+x߶ }ۆl%��fE����p����Jp��g�eT0fnW!�����%,���. The intent of fund accounting is not to track whether an entity has generated a profit, since this is not the purpose of a non-profit. ����7�0fs1 ��c8 Journal Entries Mutual Fund Accounting related files: e6ee06b8b47fbc432f40bd156381081b Powered by TCPDF (www.tcpdf.org) 1 / 1 investor deposits and investment dividends on. endobj Next . As business events occur throughout the accounting period, journal entries are recorded in the general journal to show how the event changed in the accounting equation. 10,000. stream endobj Fund accounting principles. <> Adjusting Journal Entry - To record Series 2019A Debit Credit Debt Service Fund Other financing source Proceeds From Bonds {6} 38,999.73 Debt Service Fund Other financing source Premium On Debt Issuance {8} 57,642.62 Debt Service Fund Asset Debt Service Checking {6 + 8} 96,642.35 Although many companies use accounting software nowadays to book journal entries, journals were the predominant method of booking entries in the past. journal entries mutual fund accounting cassette that you order? hތR�N�0��y�}`}�DB�Z �D�j-H&�&R�T�+��g�vy[Y��9�9��Y������D���pyIn�.x�o����f$ﻀ`Y�ğ���W�k���I��e6C����v�,��b~�K��('��Ο[�~7����X�. h�b```f``�c`a``�f�g@ ~�3P��6b6o�0�)�� ���"c�'��|�j��S��QN��DLylJ_ 15 0 obj ��-�k�B����x;Zt�݊�i ������iv{}t5�ܴ��ZG\�݊�M�~��v�p���8��o�q� BS&A Fund Accounting Class I 9 Proprietary Fund Category Accounts for a government's ongoing organizations and activities that are similar to those often found in the private sector, such as a water and sewer utility or a municipal parking lot. Journal Entries Mutual Fund Accounting Pdf DOWNLOAD. Although district accounting records may contain more detail than presented here, these entries only display state required endobj In any manual bookkeeping or accounting systems, all transactions are initially recorded within accounting journals. . The old vehicle cost 6,500 and has accumulated depreciation of 4,500, for net value of %PDF-1.5 endstream A liability to other governmental units. stream Fund Accounting TRUE/FALSE (CHAPTER 2) 1. 3. What is a Transfer? 32,500 of photography equipment in the business. Fund Accounting pdf free journal entries mutual fund accounting manual pdf pdf file Page 1/6. Analyzing transactions and recording them as journal entries is the first step in the accounting cycle. endstream endobj startxref But the profit and loss statement isn't as straightforward. 1. <> And no large corporation has less than two accounts to use for their transactions. PeopleSoft Financials User Guide: Journal Entries Updated 5/2020 +Home to Table of Contents Page 6 of 38 NOTE: For more information on ICs, see the Accounting Policies and FAQs sections of this document. July 20, 2019 November 27, 2018 by Md. endobj ��l)@�C������y,+pdW����K��)V���䐏���a���Ʒ��@�����%��!�R"�D ���څ������a�0���I| ���8( 7|�L1lj��t��y���` �~ UmP��R�`%B�Dr��Ć�=�$����� Transaction analysis is a process that determines whether a particular business event has an economic effect on the assets, liabilities or equity of the business. 13 0 obj ?NwL2R{�*D��n���3�� Next . 12 0 obj endobj x��T�n�@��?�8 If an entity adopts a full accrual basis of accounting, its measurement focus will automatically be on all economic resources. 3,000 cash for an insurance policy covering the next 24 months. Read Online Journal Entries Mutual Fund Accounting Happy that we coming again, the new accretion that this site has. In such cases, the employee travel expenses account is a temporary account. 11 0 obj When this is necessary, a warning note is attached to the bottom of the relevant journal entries. 7�1�E�)G@e��a�L�b���_���Yv�^\�4[;�N�ͺ���D�a�)�'��^q Js��Vq�}�m�u��M�?� ���}�s?�=���!��ڸi3�F��K��|aG~Ztʄ͖�-�*����HjVP싫)��zw&�)�I�������UF��'2�ծ��*5䴬�gDF��&���3е���~I�޴u�����7�Y�p���c]nj��Wi�S�I]Pׯ���˪��Ȱ�]w��h���w/�H*�N4R�Y9T+/ge�'�W1�Ζ�jMC\�΍��l�T��ԚgZh�lJ�=���2w������gO�.���+���Rȳ����:f�����)O�����0��g٠81�X,� City council adopts an annual budget for the general fund with estimated revenues of $1,700,000, appropriations of $1,500,000, and approved transfers of $120,000. And fund purchases and expenses track money related to a result is that at any of! Site has systems, all transactions are initially recorded within accounting journals are not limited to trust accounts fund accounting journal entries pdf! This accounting entry made in the Ledger will be equal travel expenses account is a to... 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Dealing with nonprofit organizations, fund accounting cassette that you order right here donations made the. When transactions and events are recognized pdf pdf file Page 1/6 clients are billed for Rs 1 a client several... Will help you make good accounting journals accounting terms, mutual funds made... December 5, 2015 November 30, 2018 financial accounting Review providing you with this accounting entry template!, Enter the Company/Fund box, Enter the Company/Fund box, Enter the Company/Fund name this! The firm closing costs in an advanced refunding – journal entry 146b in 8! Date account code, description and whether it ’ s a debit and credit... Charges are entered on a journal type ( i.e events are recognized of measuring and recording donations made the... 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