Chapter 11—Accounting for Current Liabilities

May 03, 2012 · Record a contingent liability for capital investment. Assume it meets contingent liability requirements. Section III – Transaction B425; for GFRA E516 and C405. Revolving Fund General Fund Receipt Account Budgetary. No entry. Proprietary. 579200(FXX) Financing Sources to be Transferred-Out – Contingent Liability 10,000 ................
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