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06 - Boards & Commissions - Minutes & Reports
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06 - Boards & Commissions - Minutes & Reports
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Paris Visitor & Convention Council <br />Statement of Assets, liabilities and Net Assets <br />Modified Cash Basis <br />July 31, 2019 <br />ASSETS <br />CURRENT ASSETS <br />HOT Checking <br />$ 14,904.00 <br />Not HOT Checking <br />105,036.44 <br />Liberty Money Market <br />100,000.00 <br />Peoples CD 5213093 <br />50,283.56 <br />Guaranty Bank CD (2) <br />100,000.00 <br />Not HOT Guaranty Bond Bank CD <br />27,503.24 <br />Total Current Assets <br />397,727.24 <br />OTHER ASSETS <br />§4 125.76 <br />Returned Checks Receivable <br />35.00 <br />Total Other Assets <br />35.00 <br />• Total Assets <br />$ 397,762.24 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 200.00 <br />Due to LCC <br />5,638.14 <br />Payroll Liabilities <br />847.62 <br />Sales Tax Payable <br />206.62 <br />Total Current Liabilities <br />6,892.38 <br />NET ASSETS <br />Retained Earnings <br />444,995.62 <br />Net Income <br />§4 125.76 <br />Total Net Assets <br />390,869.86 <br />Total Liabilities and Net Assets <br />397 76x.24 <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 />accoanting are omitted and no assurance is provided <br />
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