FINANCIAL STANDING OF THE ARKANSAS TRACT SOCIETY by W. G. Smith

International Tract and Missionary Society · Oakland, California · Mar 25, 1889

FromSigns of the Times, Vol. 15, No. 12.

FINANCIAL STANDING OF THE ARKANSAS TRACT SOCIETY.

By W. G. Smith

STATEMENT showing the financial standing and business transactions of the Arkansas Tract Society, from its organization, May 21, 1888, to January 1, 1889:—

Invoice, May 21, 1888,	$176 63
Liabilities, May 21, 1888,	108 14
	$ 68 49
Cash donations rec'd to Jan. 1,	346 50
Total amount capital stock,	$414 99

INVOICE, JAN. 1, 1889.

Stock in hand,	$308 26
Office supplies, etc.,	32 28
Accounts receivable,	317 40
Cash in hand,	137 40
Total amount of assets,	$795 34

LIABILITIES.

Bills payable,	$202 78
Deposits,	158 73
Total amount of liabilities,	$361 51
“ “ assets,	795 34
“ “ capital stock,	433 83
Increase of capital stock,	$18 84

The following business has been transacted:

Total amount mdse. received,	$1,408 47
“ “ cash “	1,251 10
“ “ sales mdse.,	1,199 18
“ “ cash paid on mdse.,	1,043 68
“ “ profits on sales,	118 87

EXPENSES.

Loss on freights,	$12 44
Postage,	21 08
Stationery,	4 36
Rents and sundries,	22 50
Expenses borne for canvassers,	39 65
Total,	$100 03
Profits, less expenses,	$18 84

W. G. SMITH, Per M. T. E.