Mid Year 1999 Balance Sheet Comparison

As of June 29, 1999
 
  Jun 30, '99 Jun 30, '98
ASSETS    
     
Current Assets    
     
Checking/Savings    
     
Bank Boston    
     
Checking - Bank Boston 45333.34 143721.19
Companion Savings - Bank Boston 31104.05 0
     
Total Bank Boston 76437.39 143721.19
     
Fidelity Cash Reserves 53967.59 51590.68
     
PaineWebber    
     
Money Mkt - PaineWebber 116.1 51277.28
Washington Mutual Fund 25498.02 0
Government Sec.- PaineWebber 53413.83 24726.99
     
Total PaineWebber 79027.95 76004.27
     
FDIT - Gordon Brown 0 495.52
     
Total Checking/Savings 209432.93 271811.66
     
Accounts Receivable    
     
Accounts Receivable 5065.25 8241
     
Total Accounts Receivable 5065.25 8241
     
Other Current Assets    
     
Undeposited Funds 27727 -247
     
Total Other Current Assets 27727 -247
     
Total Current Assets 242225.18 279805.66
     
Fixed Assets    
     
Office Equipment 2857.18 2410.82
     
Total Fixed Assets 2857.18 2410.82
     
TOTAL ASSETS 245082.36 282216.48
     
LIABILITIES & EQUITY    
     
Liabilities    
     
Current Liabilities    
     
Other Current Liabilities    
Conference Seed Cash Refunds 0 37000
Jrnl Subscrptn Payable to Wiley -125 -1720
     
Total Other Current Liabilities -125 35280
     
Total Current Liabilities -125 35280
     
Total Liabilities -125 35280
     
Equity    
     
Gordon Brown Fund 0 285650.5
General Fund 260339.29 127904.02
Retained Earnings 0 -207289.44
Net Income -15131.93 40671.4
     
Total Equity 245207.36 246936.48
     
TOTAL LIABILITIES & EQUITY 245082.36 282216.48