12xxxx: Cash in Banks
The Treasurer of Duke University must approve the establishment of all bank accounts for Duke University. The current authorized bank accounts are listed in this procedure.
Specific procedures for handling cash receipts and disbursements of funds in these G/L accounts should be established to provide adequate internal control. See GAP 200.025, Cash Handling Procedures for more information.
II. G/L ACCOUNT DEFINITIONS
To record transactions in the new bank account opened in Kenya. (Created 02/2016)
This G/L repesents the bank account established in the United Kingdom to facilitate the receipt of gifts. (Closed 8/2018)
Used to account for UK account in US dollars. (Closed 8/2018)
Account to record bank activity in Standard Chartered Bank for Duke Medicine Asia. (CLOSED May 2022)
To receive dividend payments for DMGSC and DGI.
To record project costs related to the 2006A bond issue.
To record the cost of issuance related to the 2006B bond issue.
This G/L should be used for projects related to the 2009B Bond Issue