Capitalized lease obligation, 811 Net Investment in – 712106 90 501 $20,000 current portion Capital Asset 811 Net Investment in – 723005 Interest expense 14 501 $5,000 Capital Transfers to/from other 811 Net Investment in – 724004 13 501 ($25,000) CSU campuses, net Capital Asset Journal To reclassify the payments made related to capitalized lease obligations based on the Description correct GAAP accounts. Fund Class Account Account Name (Net Position) Program (CSU Fund) Amount Capitalized obligation, 811 Net Investment in – 712204 90 501 $20,000 net of current portion Capital Asset Capitalized lease obligation, 811 Net Investment in – 712106 90 501 ($20,000) current portion Capital Asset Journal To recognize the current portion of the capitalized lease obligations. Description CSU
712106 Capitalized lease obligation, current portion 811 – Net Investment in Capital Asset 90 501 $20,000 723005 Interest expense 811 – Net Investment in Capital 14 501 $5,000 724004 Transfers to/from other CSU campuses, net 811 – Net Investment in Capital Asset 13 501 ($25,000) Journal Description To reclassify the payments made related to capitalized lease obligations based on the correct GAAP accounts. Account Account Name Fund (Net Position) Program Class (CSU Fund) Amount 712204 Capitalized obligation, net of current portion 811 – Net Investment in Capital Asset 90 501 $20,000 712106 Capitalized lease obligation, current portion 811 – Net Investment in Capital Asset 90 501 ($20,000) Journal Description To recognize the current portion of the capitalized lease obligations. CSU
CH_04.03.05_Capital_Lease_Obligations_FINAL.docx