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Proper Method of Accounting for Profits from Transient Quarters

B-192035 Aug 25, 1978
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Highlights

A decision was requested on the proper procedure for the handling of revenues taken in by the Agency for International Development (AID) staff houses which serve as transient quarters for AID employees. When the houses are established and operated by appropriated funds, all user fee revenues collected should be paid into the Treasury as miscellaneous receipts, and when they are established and operated through the use of local currency trust funds provided by the host country, profits should be deposited in the trust fund account.

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