Accounting, Books and Records. The Company shall maintain at its principal place of business separate books of account for the Company which shall show a true and accurate record of all costs and expenses incurred, all charges made, all credits made and received, and all income derived in connection with the operation of the Company business. The Company shall determine whether to use the cash or accrual method of accounting in preparation of its annual reports and for tax purposes and shall keep its books accordingly.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
