White Pine Library Cooperative BALANCE SHEET September 30, 2009 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 46,864.92 Independent Bank CD 112,965.32 Team One Credit Union 100,618.21 United Financial 100,323.11 Citizens Bank Cd #3 0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 941.97 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 362,313.53 LIABILITIES Accounts Payable 11,832.08 Retirement Payable 0.00 Accrued Accounts Payable -0.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Lease payable -0.00 Copier lease payable 0.00 Deferred Renenue 0.00 TOTAL LIABILITIES 11,832.08 CAPITAL Fund Balance 413,634.44 Income minus Expenditures -63,152.99 ============== TOTAL CAPITAL PLUS LIABILITIES 362,313.53