Institutional Accounts

1500-1999 Series: Long-term Assets

All assets or that portion of which are due over one year from the date reported on a balance sheet.

1530 - Notes Receivable  
Claim for which the University has obtained a written statement of obligation from the debtor and will normally be posted in the Loan Fund.
1531 - Notes Receivable Immic  
Note Receivable from Iowa Medical Mutual Insurance Company to the University of Iowa.
1535 - Allowance For Doubtful Notes  
An estimate of the amount of bad debt included in 1530 - NOTES RECEIVABLE. This IACT carries a credit balance.
1550 - Investments  
All investments held by the University.
1551 - Investments Premium  
The unamortized portion of premiums paid on the purchase of an investment.
1552 - Investments Discount  
The unamortized portion of discounts received on the purchase of an investment.
1553 - Investments Interest Purchased  
Interest receivable purchased with any investment.
1554 - US Equity  
(Central Use Only)
1555 - Non US Equity  
(Central Use Only)
1556 - Fixed Income  
(Central Use Only)
1557 - Private Equity  
(Central Use Only)
1558 - Real Assets  
(Central Use Only)
1580 - Equity Wholly Owned Subsidiary  
Used only with the Musser-Davis Land Company, Inc..
1585 - Unrealized Gain Loss On Invest  
(Central Use Only). An accrual-based asset account used to adjust the book balance of investments to fair value.
1586 - Unrealized gain-loss distribut  
(Central Use Only). An accrual-based asset account used to adjust the book balance of investments to fair value. This account will have a balance of zero on a consolidated basis and is used to distribute the unrealized gains or losses from the fund manager to the participant account balances.
1590 - Equity With Third Parties  
Value of UIHC participation in purchasing cooperatives. Includes refundable membership fees and anticipated patronage dividends and credits receivable.
1600 - Land  
Land costs meeting the criteria for and purchased under 6700 - LAND (REQUIRE BLDG #).
1610 - Land Improvements  
Land improvement costs meeting the criteria for and purchased under 6710 - LAND IMPROVEMENTS (REQUIRE BLDG #).
1615 - Infrastructure  
Infrastructure costs meeting the criteria for and purchased under 6715 - INFRASTRUCTURE (REQUIRE BUILDING #).
1620 - Buildings  
Buildings meeting the criteria for and purchased under 6720 - BUILDINGS (REQUIRE BUILDING #).
1630 - Movable Equipment  
Equipment meeting the criteria for and purchased under 6730 - MOVABLE EQUIPMENT (CAPITALIZED).
1640 - Computer Software  
Computer software meeting the criteria for and purchased under 6740 - SOFTWARE (CAPITALIZED).
1645 - Library Collection  
Library materials meeting the criteria for and purchased under 6745 - LIBRARY COLLECTION (CAPITALIZED).
1647 - Leasehold Improvements  
Improvements made to leasehold property meeting the criteria for and purchased under 6747 - LEASEHOLD IMPROVEMENTS.
1648 - Leased Parking IRL  
1650 - Acc Depreciation Land Improve  
Contra account to 1610 - LAND IMPROVEMENTS.
1655 - Accum Depre Infrastructure  
Contra account to 1615 - INFRASTRUCTURE.
1660 - Accum Depreciation Buildings  
Contra account to 1620 - BUILDINGS.
1670 - Acc Depreciation Movable Equip  
Contra account to 1630 - MOVABLE EQUIPMENT.
1685 - Acc Depreciation Computer Soft  
Contra account to 1640 - COMPUTER SOFTWARE.
1690 - Construct In Progress Building  
Buildings not yet completed as of the balance sheet date.
1691 - Construct In Prog Land Improve  
Land improvements not yet completed as of the balance sheet date.
1692 - Construct In Prog Infrastructu  
Infrastructure not yet completed as of the balance sheet date.
1693 - Construct In Proc Leasehold Im  
Leasehold Improvements not yet completed as of the balance sheet date.
1694 - Construction in Progress Other  
Other assets not yet completed as of the balance sheet date (fabricated assets, internally generated software)
1698 - Accum Amortization Licenses  
Amortization of software licensing agreement.
1699 - Other Long Term Assets  
All long term assests not fitting into any of the IACTs ranging from 1500 to 1698.

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