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P.E. O'Hair & Co.
Balance Sheet as at December 31, 1922

                   
  S.F. Main
Office
Oakland
P.S. Co.
Fresno
P.S. Co.
Central
P.S. Co.
Total
Per Books
  Dr.   Cr. Amended
                   
Accounts Receivable 128,142.28 50,574.65 24,001.03   202,717.96         202717.96
Notes Receivable 8,771.58 749.00 3,805.64   13,326.22         13326.22
D.L. O'Hair 800.55       800.55         800.55
P.E.O'Hair Realty Co.   833.53     833.53         833.53
Cash 187.05 4,794.87 647.14 1,551.90 7,180.96         7,180.96
Inventory 146,063.64 58,554.34 25,038.86 12,437.31 242,094.15         242,094.15
Furniture and Fixtures 2,661.25 1,103.04 584.00 143.00 4,491.29     (a) 305.71 4,185.58
Auto a/c 8,144.99 5,438.72 1,124.20 0.00 14,707.91     (a) 8,306.01 6,401.90
Totals 294,771.34 122,048.15 55,200.87 14,132.21 486,152.57       8,611.72 477,540.85
                   
                   
Accounts Payable 20,990.61 22,610.86 2,715.48   46,316.95         46,516.95
Neil O'Hair 2,336.80       2,336.80         2,336.80
Investment 245,100.02 94,437.29 46,485.39 14,132.21 400,154.91 (a) 305.71     389,435.65
            (a) 8,306.01    
            (b) 2,107.54    
Notes Payable 26,343.91 5,000.00 6,000.00   37,343.91         37,343.91
Reserve for Depreciation 0.00 0.00 0.00 0.00 0.00     (6) 2,107.54 2,107.54
Totals 294,771.34 122,048.15 55,200.87 14,132.21 486,152.57   10,719.26   2,107.54 477,540.85

(a) To eliminate assets previously allowed as an expense.
(b) To set up proper reserve for depreciation.

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Copyright © 2001 Brent Bowman
Last updated: May 5, 2001
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