Repository: UIHistories Project: Board of Trustees Minutes - 1932 [PAGE 431]

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U N I V E R S I T Y O F ILLINOIS

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Schedule A UNIVERSITY OF ILLINOIS ATHLETIC ASSOCIATION COMPARATIVE B A L A N C E SHEET JUNE 30, 1930 A N D JUNE 30, 1931 ASSETS CURRENT: Cash: Savings Account Checking Account Manager's Fund Petty Cash Refund Account Total Accounts Receivable Guarantees Receivable Travel Advances ADVANCES TO STADIUM FUND 29 000 00 26 500 00 INVENTORIES Awards (Sweaters,, Numerals, and Blankets) FIXED: Athletic Supplies and Equipment !Credit Equipment Physical balance. and Tools Furniture and Fixtures June 30, 1030 June 30, 1031 £270 000 00 $27; 075 00 18915 16 3 388 64 3 000 00 3 000 00 n o 00 n o 00 64 g& 73 42 (291 960 20) (281 647 t>6) 56 52 42 02 179 99 344 99 332 54 292 541 70 282 021 62

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14 779 64 14 779 64 IS 649 09 12 969 64 7 687 30 7 245 10 38 116 03 34 994 38 Schedule Bi D E F E R R E D C H A R G E S TO OPERATION ,. 790 44 973 67 UNIVERSITY OF ILLINOIS ATHLETIC ASSOCIATION 92 34; 830 17 Total Assets 362 128 S T A T E M E N T OF OPERATING SURPLUS FOR T H E SURPLUS Y E A R E N D I N G JUNE 30, 1931 £32+ 012 89 S310 835 79 Operating Balance, JuneFixed Assets ?3 2+ 012 89 Invested in 30, 1930 38 116 03 34 994 38 Add: Total Surplus $362 128 92 8345 830 17 Income from prior period 289 23 324 302 12 Deduct: Deficit of Income over Expense for the year (See Schedule C) $S 951 14 Expenses of prior period • 2 468 62 New Equipment Purchased 2 006 57 Forgery 40 00 13 466. 33 Schedule B2 Balance, June 30, 1931 (To Schedule A) 310 835 79 S T A T E M E N T OF SURPLUS INVESTED IN FIXED ASSETS Balance, June 30, 1930 38 116 03 Add: New Equipment Purchased 2 006 57 40 122 60 Deduct: Depreciation of Fixed Assets: Furniture and Fixtures 80s 01 Physical Equipment and Tools 4 323 21 j 128 22 Balance, June 30, 1931 (See Schedule A) 34 994 38