The commissioner shall install, keep and maintain in the division a complete set of double-entry accounts, which shall reflect directly or through proper controlling accounts, on an accrual basis, all assets, liabilities, revenues, and expenditures of the State, and all of its accounting agencies. Such accounts shall reflect all accounts receivable and payable, all balances of all funds, and such other information as is required for a proper statement of the financial conditions and operations of the State.
N.J. Stat. Ann. § 52:27B-44
Double-entry accounts; requirements
Known as the Environmental Fee Accountability Act
The act spans §§ 52:27B-1 to 52:27B-9.1 (102 sections).
L.1944, c. 112, art. 3, p. 302, s. 35.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.