Para 9.7 — MSO

LEDGER ACCOUNTS 9.7 The Abstract of Contractors' and Disbursers' Ledger (Form F.A. 8) should be checked so that It may be verified that all the transactions pertaining thereto have been correctly posted and that the opening and closing balances are correct. The closing balances should be reviewed to ensure that relevant rules and orders governing their clearance are observed. Outstanding balances which are not cleared within a reasonable period should form the subject of special enquiry.

Note.-The instructions in paragraph 4.4.6 of M.S. (Audit) apply mutatis mutandis to forest advances. ABSTRACT AND SUMMARIES