24. The non-expendable equipment at UNDP headquarters and the field offices as recorded in the cumulative inventory records amounted to $9.9 million and $21.4 million, respectively, as at 31 December 1989, valued at cost. In accordance with UNDP accounting policies , non-expendable equipment is charged against current appropriations or the appropriate project budget and in therefore not included in statement II. 25. The value of UNDP non-expendable property written off during 1989, in accordance with UltDP financial regulation 14.4, amounted to $47,592 at headquarters and $1,516,711 in field offfcer. Write-off8 of property are investigated by the UUDP headquarters Propert;, Survey Board and we subrequently approved by the luairturt hdminirtrator of the Bureau for ?inance end Admfnlrtratfon. 26. Uo m payment8 were made in 1989 under UNDP financial regulation 14.3. -8- 27. Write-offs of cash and accounts receivable, amounting to $17,620, were approved under UNDP finanoial regulation 14.4 and financial rule 114.15. Details of all amounts written off were made available to the Board of Auditors. Trust fun&&&&istared bv UNDP 28. The status of the trust funds administered by UNDP as at 31 December 1989 is shown in statements VI to XXVII. The budget appropriations for the biennium 1988-1989 for the United Nations Capital Development Fund, the United Nations Revolving Fund for Natural Resources Explorationr t.he United Nations Trust Fund for Sudaao-Sahelian Activities, the united Nations Fund for Science and Technology for Development and the United Nations Development Fund for Women are given in sohedule 19. Details of contributions pledged for all trust funds are given in schedules 14 to 17. The financial position as at 31 Deoember 1989 of the Junior Professional Officers programme is provided in schedule 12. e to Csries and Peoples 29. This trust fund was established following the implementation of the 
**Analysis**
The text appears to be related to the financial management and reporting of the United Nations Development Programme (UNDP), specifically highlighting the financial transactions and trust funds related to various projects and programs. While it does not explicitly mention specific sectors or industries, the mention of trust funds, project budgets, and financial regulations suggests a focus on economic development and international cooperation.

**Category**
Economic development, International trade