EPC ANCE oe Redes Ge Sa gen en

Poet eel leas Soeuey oe

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May 12, 1943

ead Ema University of Kansas

By Ce Le Paxwon, Certified Public Accountant, Topeka, Kansas _

 

 

 

 

 

 

 

 

 

  

 

 

EXHIBIT A | | Increase
COMPARATIVE BALANCE SHERT Year Ended Year Ended eee
me a May 12, 1943 May 31, 1942 Decrease~
ASSETS : : . -
Cash $1,237.17 $ 1,388.68 $ 151,51-
University Appropriation 451.53 © 286.80 164.73
Accounts Receiva ble = Advertising 169.24 —~§3.05 116,19
Inventories; Office Supplies — 834,78 © 549489 15.11:
: Picture Frames 86.20 86620 - O-
Accrued Interest Receivable 68.29 59050 8.99
Total Current Assets 2,087 eBL _ B52 223.92 92 _ 123.29
Reserve Fund
ecurities=at cost (Pledged ~ Notes
Paya ble $5,800.00), 859.84 9,345.78 514.06
ines Accounts 34.29 485.86 451.57=
Due from General Fund - Contra 494.22 231.18 263,04
Total Reserve Fund Assets 10,388.35 _10, 062.82 _ 925653
Permanent Equipment - Less Depreciation | $72.78 487.79 115,01-
Deferred Expensee «0 @ - O0- - O-
Total Assets 13,108.54. 12,774.53 333.81
LIABILITIES AND Net WORTH
Accrued Payroll 284,60 464,12 179.52-
Employees Social Security Tax 6.15 7.36 oe
Accrued Interest Payable m0 « 71.43 71.43
Accounts Payable i- 0 = ‘653.74 653,74
Notes Payable ~ Secured by Bonds 4,600.00 5,800.00 1,200.00
Due Reserve Fund = Contra 494.22 221,18 263.04
Victory Tax Payable 24.80 -O- (24.80
Total Current Liabilities 409.0%  7,887,8 1,818.06~
Reserve for Cunningham Memorial 5.00 5.00 - ci.
Reserve for Frank E. Marcy Fund _ 427,83. . 500.00 72 .17=
Reserve for Freshman Loan Award Fund 7.50 - 29.75 22,25-
Total Reserves 44063 set TD "3 do“
Net Worth ae oe
Reserve Fund = Exhibit "ct 10,388.35 _ 10,062.82 325453
General Fund Deficit-Beginnigg of Year 5,050.87= 5,714.43=
Operating Gain 1,920. 76 666,56 — —
Net Doth ch nd L066 of year  egaends 5,050 087= "1,920.76

 

— Liabilities Reserves and

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