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Accrued Expenses/Income PZRE policy - $1K Purpose: To present current period's capital and operating accruals. Procedure: Accountant should make sure all formulas in the blue

Accrued Expenses/Income PZRE policy - $1K
Purpose:

To present current period's capital and operating accruals.

Procedure:

Accountant should make sure all formulas in the blue highlighted cells properly pulled information from the Accruals workpaper. Last accrual entry in each section below should list TBD.

Capital Accruals 2311-00
Project Name Job Code Affiliate? Invoice Amount Retainage BS Acct P&L Acct Balance Due
Total Retainage: - Total Capital Accruals: -
Per TB - Per TB -
Variance - Variance -
Operating Accruals 2050-00
Invoice Description Vendor Affiliate? Invoice Amount BS Acct P&L Acct Balance Due
Total Operating Accruals: -
Utilities and Security Costs Accruals 2050-00
Invoice Description Vendor Affiliate? Invoice Amount BS Acct P&L Acct Balance Due
Acc Electric 03/22-04/30 Pepco Electric N 2,221.55 April accrual 2050-00 5210-00 2,221.55
Acc Water 04/02-04/30 Darcy Road Partnership N 314.38 April accrual 2050-00 5220-00 314.38
Acc Electric 04/22-05/31 Pepco Electric N 1,694.01 May accrual 2050-00 5210-00 1,694.01
Acc Water 04/29-05/31 Darcy Road Partnership N 314.38 May accrual 2050-00 5220-00 314.38
Total Utilities and Security Costs Accruals: 4,544.32
Per TB 2,535.93
Variance 2,008.00

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