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General Conference Bulletin, vol. 1

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    FINANCIAL STATEMENT OF THE ECHO PUBLISHING CO., LIMITED

    L T NICOLA

    RESOURCES

    No Authorcode

    Cash $ 63 12
    Deposit in Melbourne bank 2,941 79
    Deposit in Adelaide bank 99 79
    Real estate 15,846 88
    Office furniture 954 22
    Printing department 15,208 40
    “Echo” library 270 79
    Australian Tract Society 7,350 17
    Australian Conference fund 3,886 59
    Stationery 217 75
    Subscription books 8,990 31
    Trade books 4,091 84
    Calendar account, No 6 694 30
    Current accounts 4,727 89
    Total $65,343 84
    LIABILITIES

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    General Conference Association 12,963 75
    International Tract Society, Limited 11,204 17
    Deposits 25,003 34
    New Zealand Tract Society 336 44
    Union Conference 1,359 49
    Bank account 96 43
    Current accounts 4,607 26
    Balance - net worth 9,772 96
    Total $65,343 84
    Net worth June 30, 1895 $ 9,772 96
    Net worth June 30, 1894 9,461 71
    Gain for year $ 311 25
    LOSS

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    Doubtful accounts $ 280 20
    Interest 1,006 58
    Depreciation on Echo library 14 27
    Depreciation on office furniture 113 36
    General expense account 1,933 20
    Inventory of papers (Echo) 225 60
    Royalty account 139 87
    Advertising 9 37
    Balance 238 18
    Total $ 3,960 63
    GAIN

    LTNe

    Printing department $ 2,467 29
    Book department 1,140 40
    Stamp account 12 80
    Bible Echo 80 39
    Calendar account, No 5 259 75
    Total $ 3,960 63
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