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Audit Report 12/31/1976
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Audit Report 12/31/1976
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12/4/2013 12:48:34 PM
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Audit Report 12/31/1976
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12/31/1976
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CITY OF LINO LAKES <br />WATER AND SEWER FUND <br />BALANCE SHEET <br />As of December 31, 1976 <br />ASSETS <br />Clerk's balance <br />Accounts receivable <br />Prepaid expenses <br />Total Current Assets <br />Property and Equipment: (Note 2) <br />Buildings <br />Equipment <br />Other - Water Mains, etc. <br />Total <br />Less: Accumulated depreciation <br />Net Property and Equipment <br />Total Assets <br />LIABILITIES AND FUND BALANCE <br />$ 11,099 <br />1,960 <br />216 <br />13,275 <br />48,690 <br />8,525 <br />384,571 <br />441,786 <br />34,440 <br />407,346 <br />$420,621, <br />Current Liabilities: <br />Accounts payable $ 140 <br />Fund Balance: <br />Contributed equity (Note 5) 407,346 <br />Fund Balance 13,135 <br />Total Fund Balance 420,481. <br />Total Liabilities and Fund Balance $420,621 <br />The accompanying Notes to Financial Statements are an integral part of this statement. <br />-20- <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />
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