9 CRR-NY 1647-7.2NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER III. LOW RENT HOUSING
SUBCHAPTER D. ACCOUNTING MANUAL FOR PUBLIC HOUSING AGENCIES
PART 1647. OPERATING PERIOD ACCOUNTING
SUBPART 1647-7. CLOSING THE BOOKS
9 CRR-NY 1647-7.2
9 CRR-NY 1647-7.2
1647-7.2 Adjustments.
Before closing, all adjustments reflecting accruals, deferred charges and unpaid invoices on hand applicable to the fiscal year being closed shall be recorded in the books in the manner prescribed by Subpart 1647-6. The adjustment reflecting the amount of subsidies to be taken into income for the fiscal year shall not, however, be made until a trial balance of the subsidiary ledgers and a pre-closing trial balance of the general ledger have been made.
9 CRR-NY 1647-7.2
Current through September 15, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.