Understanding Inc. 1972 Balance Sheet

UNDERSTANDING, INC.     P.O.Box #206, Merlin, Ore., 97532

BALANCE SHEET                     OCTOBER 1, 1972-SEPTEMBER 30, 1973

ASSETS:

Cash on Hand                                               143.52

Petty Cash Advance                                     20.00

TOTAL ASSETS                                                                                           $163.52

LIABILITIES:

Donations                  1724.70

Less

Net Loss         -1870.66                    145.96

Surplus 1972                                                 308.48

TOTAL LIABILITIES                                                                                      $163.52

INTERNATIONAL CULTURAL CENTER OF UNDERSTANDING

BALANCE SHEET                     OCTOBER 1, 1972–SEPTEMBER 30, 1973

ASSETS:

Cash on Hand                                                                                   192.59

Fixed Assets:

1972 Balance            1490.49

Assets Sold               65.50              1424.99

Depr. 8 yrs remain                            178.12                        1246.87

1972 Assets              551.70

Dep. 10% a yr.          61.30                                                  490.40

1973 Addition            100.00

Dep. 10% per yr.       10.00                                                  90.00

TOTAL ASSETS                                                                                           2019.86

LIABILITIES:

Donations                              100.00

Less: Total Depreciation      249.42            -149.42

1972 Surplus                                                 2169.28

TOTAL LIABILITIES                                                                                      $2019.86

TOTAL ASSETS

UNDERSTANDING, INC.        $163.52

I.C. C. U.                                    2019.86

$2183.38