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06 - Boards & Commissions - Minutes & Reports
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06 - Boards & Commissions - Minutes & Reports
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Lamar County Chamber of Commerce <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />September 30, 2018 <br />U*-1=kV <br />CURRENT ASSETS <br />Chamber of Commerce <br />$ 291,507.19 <br />LibertyNational Bank CD <br />24,307.70 <br />Peoples Bank CD <br />10,729.80 <br />Guaranty Bond Bank CD <br />22,339.54 <br />First Federal CD <br />11,866.95 <br />Texas Federal Credit Union CD <br />3432835 <br />Total Current Assets <br />395,079.53 <br />OTHER ASSETS <br />Due From VCC <br />13,825.00 <br />Due From LCC <br />230.68 <br />Returned Checks Receivable <br />275.00 <br />Total Other Assets <br />1433068 <br />Total Assets <br />$ _409L410.21 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to LLC $ 650.00 <br />Payroll Liabilities 3,298.60 <br />Total Current Liabilities 3,948.60 <br />NET ASSETS <br />Transfer to ABBS Checking (44,468.22) <br />Transfer to LLC Checking (34,369.76) <br />Retained Earnings 416,102.15 <br />Net Income 68,197.44 <br />Total Net Assets 405 461.61 <br />Total Liabilities and Net Assets $ 409,410.21 <br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued <br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of <br />accounting are omitted and no assurance is provided <br />
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