Para 12.4.5 — CAM

12.4.5 Statement No. 5-Summary of Balances: Under the Indian Government Accounts bookkeeping system, the amounts booked under Receipts and Expenditure heads in Revenue and Capital Account and those under major heads `7810 Inter- State Settlement’,`7999- Appropriation to the Contingency Fund’ and `8680 Miscellaneous Government Account’, are closed to a head with the nomenclature `Government Account’. The balances under this head represent the cumulative result of all such transactions. The closing cash balance at the end of the year can be worked out and proved by adding the balances under ‘Government Account’ and those under Debt, Deposit, Suspense and Remittance heads and the Contingency Fund. This statement is prepared in thousands of Rupees and has three parts, showing the balances at the end of the year under various sectors of account, with the total debit balances being equal to the credit balances. The other information available in this statement, in brief, is as follows: -