ASSETS |
Current Assets |
Bank Accounts |
1203 MKLA Checking (WF '4269) |
14,965 |
27,311 |
60,271 |
1202 MKLA savings (WF '7423) |
67,358 |
72,578 |
52,697 |
1301 Lakeshore Ing Savings |
18,720 |
18,902 |
14,049 |
1201 Somerset Hills Checking |
13,597 |
7,734 |
11,834 |
1204 MKLA ING Savings |
10,000 |
1300 Lakeshore Checking (WF '6596) |
21,654 |
782 |
9,583 |
1302 Lakeshore MM (WF '7554) |
51 |
10,056 |
845 |
1200 1200 CASH |
417 |
237 |
214 |
Total Bank Accounts |
$136,762 |
$137,599 |
$159,494 |
Accounts Receivable |
1231 Accounts Receivable - MKLA |
4,299 |
29,466 |
13,735 |
Total Accounts Receivable |
$4,299 |
$29,466 |
$13,735 |
Other Current Assets |
1441 Undeposited Funds |
0 |
0 |
4,878 |
1241 Misc Receivables |
1,381 |
9,744 |
-2,148 |
1470 Uncategorized Asset |
-5,936 |
Total Other Current Assets |
$1,381 |
$9,744 |
$ -3,206 |
Total Current Assets |
$142,442 |
$176,809 |
$170,024 |
Fixed Assets |
1363 Lakeshore Dam & Dredge |
568,707 |
600,012 |
600,012 |
1262 Roads |
467,912 |
467,912 |
473,062 |
1362 Lakeshore Water Improvements |
113,314 |
113,314 |
117,525 |
1369 Land |
50,380 |
50,380 |
50,380 |
1361 Lakeshore Equipment |
10,641 |
10,641 |
10,641 |
1261 Equipment |
4,772 |
10,534 |
10,534 |
1271 Accumulated Depreciation - MKLA |
-56,726 |
-87,726 |
-118,726 |
1371 Accumulated Depreciation |
-94,290 |
-121,290 |
-148,290 |
Total Fixed Assets |
$1,064,711 |
$1,043,778 |
$995,139 |
TOTAL ASSETS |
$1,207,153 |
$1,220,587 |
$1,165,162 |
LIABILITIES AND EQUITY |
Liabilities |
Current Liabilities |
Accounts Payable |
2311 Lakeshore Accounts Payable |
0 |
113 |
1,979 |
2411 Accounts Payable |
-536 |
Total Accounts Payable |
$0 |
$113 |
$1,443 |
Total Current Liabilities |
$0 |
$113 |
$1,443 |
Long Term Liabilities |
2361 Lakeshore Loan From NJDEP |
648,540 |
613,772 |
578,306 |
2281 Contingency Reserve |
103,217 |
97,217 |
97,217 |
2261 Loan |
119,492 |
91,328 |
55,299 |
2221 Miscellaneous Liabilities |
62,543 |
52,110 |
41,678 |
Total Long Term Liabilities |
$933,791 |
$854,428 |
$772,499 |
Total Liabilities |
$933,791 |
$854,540 |
$773,943 |
Equity |
1110 Lakeshore Retained Earnings |
128,518 |
134,515 |
227,200 |
3300 Lakeshore Opening Bal Equity |
138,847 |
138,847 |
138,847 |
Net Income |
5,997 |
92,685 |
25,172 |
Total Equity |
$273,362 |
$366,047 |
$391,219 |
TOTAL LIABILITIES AND EQUITY |
$1,207,153 |
$1,220,587 |
$1,165,162 |
|
Friday, Jan 27, 2012 09:25:49 AM
GMT-5 - Accrual Basis
This report was created using QuickBooks Online
Plus. |