A credit to a utility fund indicates an increase in net assets, while a debit indicates a decrease in net assets during the period.

If the utility fund in the balance sheet is a credit number, it indicates the final net assets of this type of balance. If it is a debit number (generally impossible), it means that the cumulative amount of previous expenditures is greater than the cumulative amount of income, indicating the use of other assets.

to pay for this expenditure, resulting in a negative net asset value.