PUBLICATION FUND RECEIPTS AND EXPENDITURES
Sales of Publications % 223"
Cost of Sales:
Inventory at Beginning of Year $1,942.70
Additions to Inventory- Less Contribution tovi^ard Expense of Publication
Inventory at End of Year
Gross Profit from Sales
Selling Expenses (Circulars, etc.)
Net Gain from Sales Interest on Savings Account
Net Gain to Fund Fund Balance at Beginning of Year
Fund Balance at End of Year
276.10
3n 90.00
186.10
$2,128.80
1,989.10
139.70
83.41
78.32
5.09
23.58
28.67
3,629.07
$3,65774
BALANCE SHEET
AS AT December 31, 1942
December 31, 1942
Cash- Wells Fargo Bank and Union Trust Company Commercial Account Savings Account Office Cash Fund
$ 276.85
1,791.72
lO.OO
2,078.57
Accounts Receivable
General Fund
Publication Fund
Inventory of Publications
Total Assets* Liabilities
State Sales Tax Payable Prepaid Dues
8.24
14.51
$ 2.86 885.00
22.75
1,989.10
$4,090.42
887.86
Funds
General Fund Publication Fund
455'iS^
3,^5774
3,202.56
$4,090.42
Due to the exigencies of the year that has closed we had to draw heavily upon advance dues, of which an unusually large amount had been received before the end of the year. We are making every effort to increase the membership so as to make up for the drain upon our resources, and we hope that the members will keep this in mind.
Respectfully submitted, GEORGE D. LYMAN, Treasurer (1942)
- Library, Collections, Furniture, and Equipment are not valued on the books.
tFigures in italics indicate negative amounts.
