AD 10-05

Attachment

 

Cal Grants        
1 Student Registers      
  Fund FIRMS Object Code Account Descr. Debit Credit
  485 103004 A/R from Student 100  
    501XXX Fee Revenue   100
           
2 Aid Disbursed from Aid Fund for Cal Grant Award1  
  Fund FIRMS Object Code Account Descr. Debit Credit
  424 609003 Scholarship/Grant 115  
    101100 Cash   115
           
3 Aid Applied to Student Account    
  Fund FIRMS Object Code Account Descr. Debit Credit
  485 101100 Cash 100  
    103004 A/R from Student   100
           
4 Establish Receivable From CSAC    
  Fund FIRMS Object Code Account Descr. Debit Credit
  424 103004 A/R from State 115  
    503204 State Grant Rev.   115
           
5 Receive Funds from CSAC    
  Fund FIRMS Object Code Account Descr. Debit Credit
  424 101100 Cash 115  
    103004 A/R from State   115
           
           
(1) The example award includes a Access Grant of $15.     
           
Entries 1-3 are fed to Finance from the Student system.