GREENBELT INTERNET ACCESS COOPERATIVE BALANCE SHEET May 31, 2005
ASSETS Current Assets Checking/Savings 101-Bank of America Checking 7,604.68 102-Bank of America CD 4,252.85 --------- Total Checking/Savings 11,857.53 Accounts Receivable 200-Member Advance Payments -3,137.44 --------- Total Accounts Receivable -3,137.44 Other Current Assets 130-Undeposited Funds 207.00 --------- Total Other Current Assets 207.00 --------- Total Current Assets 8,927.09 Fixed Assets 150-Tangible Assets 1,732.16 --------- Total Fixed Assets 1,732.16 --------- TOTAL ASSETS 10,659.25 ========= LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2000-Accounts Payable 373.99 --------- Total Accounts Payable 373.99 --------- Total Current Liabilities 373.99 --------- Total Liabilities 373.99 Equity 300-Member Equity 4,500.00 350-Member Donations 2,058.05 390-Retained Earnings 3,522.42 Net Income 204.79 --------- Total Equity 10,285.26 --------- TOTAL LIABILITIES & EQUITY 10,659.25 ========= Peggy Bates, Treasurer June 9, 2005 [CLOSE WINDOW TO GO BACK]