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<br />~- \ <br />i <br /> <br />[ <br />t <br /> <br />, <br /> <br />ko.. <br />~ <br /> <br />E" <br />f- <br /> <br />~ <br />\ <br />,I <br />I <br /> <br />". <br />, <br /> <br />Notll 1 <br /> <br />~ <br /> <br />. <br /> <br />ARKANSAS RIVER CO~PACT AO~INISTRATION <br />NOTES TO CASH BASIS STATEME~TS <br />JUNE 3D, 1988 <br /> <br />Sum~.ry of significant accounting pallet... <br /> <br />.0 The Administration maintaIns financi.l records using <br /> <br />the cash basis of accounting. <br /> <br />By using the cash <br /> <br />bests of accounting, clrtaln key accounts n.'ded to <br /> <br />pres.nt financial position and result. of operatIons <br /> <br />are omlttlld; <br /> <br />I.ampl.. of the.. Iccounts ara accounts <br /> <br />receivable and Iccounts paYlcle. <br /> <br />31 <br />