C150250 Application

• Applicant: Lower Logan Well Users Inc
• Grant Type: Severance Tax
• Fiscal Year ‎(i.e. 2008)‎: 2007
• Project Name: Agricultural Emergency Drought Response
• CWCB Section: Finance
• Contract/PO #: C150250
• Grants - Doc Type: Application

2:52 PM LOWER LOGAN WELL USERS, INC.
05/28/07 Balance Sheet
Accrual Basis As of December 31,2006
• Dec 31,06
ASSETS
Current Assets
Checking/Savings
BOC-Money Market 10,172.30
BOC-Operating Account 158,896.85
Total Checking/Savings 169,069.15
Accounts Receivable
Accounts Receivable 40,094.00
Total Accounts Receivable 40,094.00
Other Current Assets
Prepaid Insurance 446.23
Total Other Current Assets 446.23
Total Current Assets 209,609.38
TOTAL ASSETS 209,609.38
LIABILITIES&EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 53,984.17
Total Accounts Payable 53,984.17
Credit Cards
Capital One -27.86
• Total Credit Cards -27.86
Total Current Liabilities 53,956.31
Total Liabilities 53,956.31
Equity
Net Assets -28,086.59
Opening Bal Equity 67,241.86
Net Income 116,497.80
Total Equity 155,653.07
TOTAL LIABILITIES&EQUITY 209,609.38
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