Section 2-1-2-10-120.03 - Financial Records1. In addition to the records required by subsections 120.01 and 120.02 of this chapter, the warehouseman shall maintain such adequate financial records as will clearly reflect his current financial position and as will clearly support such financial information as is required to be submitted to the Commissioner from time to time. Such records shall be brought current not less often than once a month, and shall include a general ledger or its equivalent which provides a summarization of information reflected in detail in subsidiary records.2. Every warehouseman shall also maintain the necessary journals to sustain the entries recorded in the general ledger, which journals may include: a. A general journal in which necessary periodic adjusting entries are recorded;b. A cash receipts journal wherein each cash collection is recorded;c. A cash disbursements journal which details each disbursement on behalf of the dealer;d. Supporting documents and other information.3. Every warehouseman shall use and maintain:b. Prenumbered grain bank contracts, if the warehouseman is operating a grain bank;c. Prenumbered warehouse receipts, if the warehouseman is to issue such receipts;d. Prenumbered scale tickets;e. A periodic detailed aging of accounts receivable; andf. A periodic listing of accounts payable.4. If, upon written request of a warehouseman, the Commissioner determines that any of the records called for by these regulations are not necessary to clearly support the warehouseman's current financial condition, he may waive, in writing, the maintenance of such unnecessary records.2 Miss. Code. R. 1-2-10-120.03