At June 30, 2019 the Company had cash on deposit in the amount of $931,204, accounts receivable of $1,430,769, prepaid expenses
of $174,615 and inventory of $5,404,788 compared to cash on deposit in the amount of $1,246,244, accounts receivable of $1,224,235, prepaid expenses
of $110,258 and inventory of $3,668,401 at December 31, 2018.
and other assets increased USD 24.5 million, or 24.9%, to USD 123.0 million at March 31, 2019 from USD 98.5 million at December 31, 2018.
These amounts were included in 'Prepaid expenses
and other assets' and 'Accrual expenses and other liabilities,' respectively.
The acquisition of LaSalle Bristol includes the acquisition of accounts receivable, inventory, prepaid expenses
, real estate, and machinery and equipment, and was funded under the company's credit facility.
2017 ASSETS Assets: Cash and cash equivalents $ 243,414 Restricted cash 3,794 Investments in marketable securities 4,894,066 Accounts receivable 97,332 Inventory 26,230 Prepaid expenses
and other assets 244,075 Property and equipment, net of accumulated depreciation 1,631,624 TOTAL ASSETS $ 7,140,535 LIABILITIES AND NET ASSETS Liabilities: Accounts payable and other liabilities!
The assets to be acquired include property, plant and equipment, intellectual property and certain working capital assets (inventory and prepaid expenses
less current liabilities) and exclude accounts receivable.
But differences between the cash basis and accrual basis for expense recognition purposes are represented by amounts in accounts such as prepaid expenses
(payment before expenses are incurred) and various accrued or payable accounts (payment after expenses are incurred).
and deferred charges 357,810 * 238
ASSETS Current Assets Cash and cash equivalents $155,716 Investments 6,843,823 Accounts receivable 34,019 Inventory 99,252 Prepaid expenses
16,414 Deposits 5,535 Total Current Assets 7,154,759 Non-Current Assets Equipment, net of accumulated depreciation 17,453 Total Assets $7,172,212 LIABILITIES Accounts payable $43,612 Accrued vacation 46,470 Funds held in trust for other organizations 254,188 Unearned membership fees 274,804 Other deferred revenues 13,347 Total Liabilities 632,421 NET ASSETS Unrestricted 6,539,791 Total Liabilities and Net Assets $7,172,212 Statement of Activities for the Year Ended December 31, 2011.
There still remains $5.0 million of cash in the escrow account, which is classified as prepaid expenses
in the consolidated balance sheet as of April 30, 2012.
If member states choose to apply the measure, very small businesses may therefore be exempted from the obligation to keep accounts on prepaid expenses
and prepaid income for certain headings, thus reducing accounting information to key elements and ensuring a minimum level of transparency.