Rule 32. Additional Disclosures to the Chart of Accounts

32.1.  Where additional explanation of data in the preceding Rule are expected of the account in the financial statements, reference to the related “Notes to Financial Statements” shall be indicated after the account.  In the balance sheet, trust funds account shall reflect a notation “Schedule No.____” for additional explanation on how the trust fund equity has been arrived at.

32.2.  Due to the high expectation of users of the financial statements, information pertaining to total collections for the year shall be shown or disclosed in the Income Statement, or in the accompanying “Notes to Financial Statements.”

32.3.  For purposes hereof, “total collections for the year” shall mean gross collections from payments of the Contract Price of Pre-Need Plans.