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Are Private Schools for Students with Disabilities required to use the new account numbers that appear on Exhibit C?

April 26, 2017account appear disabilities exhibit Numbers private schools students

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Are Private Schools for Students with Disabilities required to use the new account numbers that appear on Exhibit C?

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A. No. The private school may use any type of account numbering system that may be adapted within the school s accounting software. However, the account titles and cost descriptions that appear on Exhibits B and C must be used in a private school s general ledger and for reporting in the private school s year-end audited financial statements.