1. (1) UNRESTRICTED FUND BALANCE

2. (i) 2290 FUND BALANCE 2292 Depreciation Funds 2294 Transfers from Restricted Funds for Capital Outlay 2296 Value of Donated Property, Plant and Equipment

   1. (ii) Unrestricted Fund balances represent the difference between the total of Unrestricted Fund Assets and Unrestricted Fund Liabilities, i.e.,the net assets of the Unrestricted Fund.
   2. (iii) Separate sub-accounts may be maintained for the above when applicable.
   3. (iv) The Transfers from Restricted Funds for Capital Outlay account should be credited for the cost of capital items purchased directly by the Unrestricted Fund with funds from the Plant Replacement and Expansion Fund. The fair market value of donated property, plant and equipment (at the date of donation) should be credited to the Donated Property, Plant and Equipment account. At the end of the year these accounts should be closed out to the Fund Balance account.
   4. (v) Depreciation Funds (account 2292) represents amounts restricted by third-party payors for replacement of specified assets.
3. (2) PLANT REPLACEMENT AND EXPANSION FUND BALANCE

4. (i) 2690 FUND BALANCE 2691 Restricted Project Funds 2692 Depreciation Funds 2693 Donor-Restricted Funds 2695 Transfers to Unrestricted Fund for Capital Outlay 2696 Value of Donated Property, Plant and Equipment 2697 Transfers to Operating Fund for Operating Purposes

   1. (ii) The credit balances of these accounts represent the net amount of this restricted fund's assets available for its designated purpose. These accounts must be credited for all income earned on restricted fund assets, as well as gains and losses on the disposal of such assets. If, however, such items are to be treated as Unrestricted Fund income (considering legal requirements and donor intent), the Restricted Fund Balance account should be charged, and the Due to Unrestricted Fund account credited, for such income.
   2. (iii) Depreciation Funds (account 2692) represents amounts restricted by third-party payors for replacement of specified assets.
   3. (iv) Accounts 2695 and 2697 are debit balance accounts and during the year the balance of the accounts would reflect the amounts transferred to the Unrestricted Fund for capital outlay and operating purposes. At the end of the year the balances of these sub-accounts should be closed out to the Fund Balance account.
   4. (v) Account 2696 reflects the fair market value, at the date of donation, of donor-restricted property, plant and equipment.
5. (3) SPECIFIC PURPOSE FUND BALANCE

6. (i) 2790 FUND BALANCE 2791 Restricted Project Funds 2793 Donor-Restricted Funds 2795 Transfers to Unrestricted Fund for Capital Outlay 2796 Value of Donated Property, Plant and Equipment 2797 Transfers to Operating Fund for Operating Purposes

   1. (ii) The credit balances of these accounts represent the net amount of this restricted fund's assets available for its designated purpose. These accounts must be credited for all income earned on restricted fund assets, as well as gains on the disposal of such assets. If, however, such items are to be treated as Unrestricted Fund income (considering legal requirements and donor intent), the Restricted Fund Balance account should be charged, and the Due to Operating Fund account credited, for such income.
   2. (iii) Accounts 2795 and 2797 are debit balance accounts and during the year the balance of the accounts would reflect the amounts transferred to the Unrestricted Fund for capital outlay and operating purposes. At the end of the year the balances of these sub-accounts should be closed out to the Fund Balance account.
   3. (iv) Account 2796 reflects the fair market value at the time of donation of donor-restricted property, plant and equipment.
7. (4) ENDOWMENT FUND BALANCE

8. (i) 2890 FUND BALANCE 2893 Donor-Restricted Funds 2895 Transfers to Unrestricted Funds for Capital Outlay 2896 Value of Donated Property, Plant and Equipment 2897 Transfers to Operating Fund for Operating Purposes

   1. (ii) The credit balances of these accounts represent the net amount of this restricted fund's assets available for its designated purpose. These accounts must be credited for all income earned on restricted fund assets, as well as gains on the disposal of such assets. If, however, such items are to be treated as Operating Fund income (considering legal requirements and donor intent), the Restricted Fund Balance account should be charged, and the Due to Operating Fund account credited, for such income.
   2. (iii) Accounts 2895 and 2897 are debit balance accounts and during the year the balance of the accounts would reflect the amounts transferred to the Unrestricted Fund for capital outlay and operating purposes. At the end of the year the balance of these sub-accounts should be closed out to the Fund Balance account.

   3. (iv) Account 2896 reflects the fair market value at the time of donation of donor-restricted property, plant and equipment.

      (b) INVESTOR-OWNED CORPORATION.

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      2350 STOCKHOLDER's EQUITY 2351 Preferred Stock 2352 Common Stock 2353 Treasury Stock 2360 Additional Paid-in Capital 2370 Retained Earnings

      The total of these equity accounts reflects the difference between the total assets and the total liabilities of the Investor-Owned Corporation.

      (c) INVESTOR-OWNED PARTNERSHIP OR SOLE PROPRIETOR.

      [ 3153 ]

      2380 CAPITAL—PARTNERSHIP OR SOLE PROPRIETOR

      2381 Capital

      2382 Partner's Draw

      The total of these accounts represents the net assets of the Partnership or Sole Proprietor.

[ 3150 ]

(a) NON-PROFIT

[ 3151 ]