Repository: UIHistories Project: Board of Trustees Minutes - 1910 [PAGE 118]

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UNIVERSITY OF ILLINOIS.

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Exhibit "A"—Trial balance July 1, 1907, w i t h cash and w a r r a n t e n t r i e s to Dec. 31, 1907, with t r i a l balance as at Dec. 31, 1907. ' Exhibit ".B"—Statement of cash receipts and disbursements, July 1, 1907, to Dec. 31, 1907. Exhibit "C"—Reconcilement of chief clerk's cash balance. Exhibit "D"—Reconcilement of t r e a s u r e r ' s cash balance. Exhibit "E"—Vouchers not approved by comptroller, and missing vouchers. Exhibit "F"—Differences between records of r e g i s t r a r and chief clerk for first semester ending J a n . 30, 1908. Exhibit "Q-"—Differences between records of r e g i s t r a r and chief clerk for s u m m e r session ending Aug. 31, 1907. Exhibit "H"—Differences between records of r e g i s t r a r and chief clerk for first semester, 1907-8, ( A c a d e m y ) . Exhibit " J " — E r r o r s on records of chief clerk. Exhibit "J"—Students' fees and deposits for first semester, unpaid at. May 21, 1908. Exhibit "K"—Students' fees a n d deposits, Academy and Filipino, unpaid a t May 21, 1908. Exhibit "L"—Students' fees and deposits for s u m m e r session ending Aug., 1907, unpaid May 21, 1908. We have made a careful e x a m i n a t i o n and comparison with the w a r r a n t register of all disbursements, and find t h e m to have been properly made out and entered, a n d duly authorized, w i t h exceptions as noted in E x h i b i t " E . " Receipts for s t u d e n t s ' deposits and fees for first semester and s u m m e r session of 1907-8 were compared w i t h t h e records of t h e registrar, and also checked a g a i n s t cash book entries, t h e e r r o r s and exceptions being noted in Exhibits " E , " " F , " and "G." I n m a k i n g count of cash May 8, 1908, a n d reconcilement, we.find t h a t cask was over $17.28 on Dec, 31, 1907, as per E x h i b i t "C." F o r e r r o r s of record of chief clerk's c a s h . book, and subsequent corrections, we refer you t a Exhibit "I." T a k i n g u p t h e i t e m of old balance, $934.68 in reconcilement of t h e treasu r e r ' s account (see Exhibit " D " ) ; t h i s should be eliminated, b u t a s it a p p e a r s to have originated back in the year 1905, or prior, it would involve t h e labor of a thorough checking of all w a r r a n t s for t h a t period, which t h e lack of t i m e and a u t h o r i t y from your t r u s t e e s forbade at t h i s audit. Respectfully submitted,

C. W. K N I S E L Y , C. P. A.,

President.

E X H I B I T C—RECONCILEMENT OF C A S H AT CLOSE OF B U S I N E S S D E C . 31, 1907 AND M A Y 7, 1908. Cash in bank as per bank statement, May 8,1908. Checks in office Currency in office. Silver in office Change in office Cash Slips— Expenditures not vouchered. Warrants cashed.. $4,998 38

$934 235 67 4

57 00 70 63

1,241 90 $1,030 58 209 01 1,239 59 $7,479 87 526 27

Less students' deposits included in cash and not charged on cash book. Amount of cash on hand May 8, 1908 Disbursements Jan. 1, 1908, to May 8,1908 Receipts Jan. 1, 1908, to May 8,1908. Cash on hand Dec. 31, 1907 Balance as per cash book Dec. 31, 1907. Cash over Dec. 31,1907.

$20,188 50 20,171 22 $17 28