§ 63.22. Entries and postings.
(a) Entries in the loan register, loan receipts book, pledge sales book, journal, and postings to the individual loan record, shall be made on a daily basis.
(b) Postings to the journal of the totals from the loan register, loan receipts book, and pledge sales book, shall be made on a monthly basis.
(c) Postings from the journal to the general ledger shall be made on a monthly basis.
(d) A trial balance, or a balance sheet and profit and loss statement, shall be prepared after the monthly postings have been made to the general ledger.
(e) All records shall be either typewritten or written legibly in ink.
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.