Winnefox Library System
Balance Sheet
As of October 31, 2005
					Oct 31, 05
ASSETS
	Current Assets
		Checking/Savings
			1-1000 · Cash		920,702.19
		Total Checking/Savings			920,702.19
		Accounts Receivable
			1-1100 · Accounts Receivable		129,522.65
		Total Accounts Receivable			129,522.65
		Other Current Assets
			1-1070 · Undeposited Funds		2,985.28
		Total Other Current Assets			2,985.28
	Total Current Assets				1,053,210.12
	Other Assets
		1-1150 · PrePaid Rent			25,000.00
	Total Other Assets				25,000.00
TOTAL ASSETS					1,078,210.12
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				1-2000 · Accounts Payable	517,283.58
			Total Accounts Payable		517,283.58
			Other Current Liabilities
				1-2010 · Due to Member Libraries	26,014.05
				1-2060 · County Grants Payable	87,100.38
				1-2100 · Payroll Liabilities	5,029.51
			Total Other Current Liabilities		118,143.94
		Total Current Liabilities			635,427.52
	Total Liabilities				635,427.52
	Equity
		1-2600 · Opening Bal Equity			169,378.40
		1-2601 · Allocated Vehicle Res Equity			40,000.00
		1-2605 · Allocated Eq & Proj Res Equity			79,202.58
		1-2650 · Retained Earnings			8,488.34
		Net Income			145,713.28
	Total Equity				442,782.60
TOTAL LIABILITIES & EQUITY					1,078,210.12