return
Auditor's Report - Cont.
4 STATEMENT OF 4SSETS AND LIABILITIES
: as at December 31, 1971
Assets: : ;
Benk - Mission Fund 2.00
: Generel Account 733.95
Less cheques in trensit 458.08 275.87
Savings Account #744 18.43
Buildings - Church at cost... 7 105,319.00
Manse at cost 14,000.00
Land 13,015.00 ‘
Furnishings - Church 10,924.00 '
- Manse 1,188.43 12,112.43
‘~" Prepeid taxes on. manse 129.30 144,872.03
Liabilities:
Accounts Peyable - Missicn expense 161.55 t
Receiver General -
C.P.P. 12.90
Income Tex 44015 218.60
Loans Peyable - Bank 800.00
Mortgeges payeble - Church 33,000.00 oS
Manse 1,699.73 34,699.73
: Net Worth December 31, 1970 104,242.34
Net Gein for 1971 4,911. 36
Total Net Worth as at December 31, 1971 109,153.70 144,872.03
COMPARATIVE STATEMENT OF INCOME & EXPENSES
for_1970 end 1971
1970 1971
Receipts 30 , 330.56 24 5405.06
Expenses 16,783.61 19,493.70
Net Gein 13,546.95 4,911.36
return