Laserfiche WebLink
<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />ARKANSAS RIVER COMPACT ADMINISTRATION <br />NOTES TO CASH BASIS STATEMENTS <br />JUNE 3D, 1978 <br /> <br />Note 1 - Summary of signifcant accounting policies: <br /> <br />a. The Administration maintains financial records <br />using the cash basis of accounting. By using <br />the cash basis of accounting certain key accounts <br />needed to present financial position and results <br />of operations are omitted; examples of these <br />accounts are accounts receivable and accounts <br />payable. <br /> <br /> <br />-6- <br />