Sample Annual Statmt of Fin Position re a Church 5705-07 ZZchu

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                                                 TO:  Interested  Churches                                                                                    FILE: 5705-07/Chu

                                                  RE:  Church Sample Annual  Statement of Financial Position                  Uptd:   May 03, 2008



SAMPLE CHURCH
STATEMENT OF FINANCIAL POSITION
For  the years Ended June 30, XXX9 and June 30, XXX8

 A S S E T S

This Year

Last Year

General Assets

Cash and Banks (See Note 3)

$181,668

$131,340

Receivables

4,220

Supply Inventory

1,500

1,500

Total General Assets

187,388

132,840

Land, Building and Equipment - See Note 4

      3,080,416       3,099,013

Total Assets

$3,267,804

$3,231,853

LIABILITIES & NET ASSETS

Liabilities

Payables

9,932

5,445

Net Assets (See Notes 6)

Unrestricted

3,129,452

3,197,018

Temporarily Restricted

128,420

29,390

Total Net Assets

3,257,872

3,226,408

Total Liabilities and Net Assets

$3,267,804

$3,231,853

    


    Please Click here for list of Church resources here on www.bcidot.org This was UPTD: May 03, 2008

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