Gain (Loss) on Equity and Trading Debt Securities
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
IS0046 |
Report the resulting gain/loss from the sale or disposition of all equity and trading debt securities. NCUA Recommended Chart of Accounts series 100.
|
This is typically a General ledger balance from your credit union income statement. Obtain the balance of the G/L account as of quarter end. |
|
One or more automation routines are available
for this Account Code. Click |
|
The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open the book.