824 IAC 2-7-2
824 IAC 2-7-2 Financial records to be maintained
Cite as Ind. Admin. Code tit. 824, r. 2-7-2
Sec. 2. (a) In addition to the records required in section 1 [of this rule], the licensee shall keep and maintain adequate financial
records as will clearly reflect the licensee's current financial position. These records shall include a general ledger or its equivalent which provides
a summarization of information reflected in detail in subsidiary records, which may include:
(1) a general journal in which periodic adjusting entries are recorded;
(2) a cash receipts journal;
(3) a cash disbursements journal;
(4) periodic detailed aging of accounts receivable;
(5) periodic listing of accounts payable;
(6) other relevant supporting documents.
(b) Licensees shall keep a current and accurate checkbook balance.