San Diego Country Estates
Balance Sheet - August, 2006
Assets
Current Assets
Cash & Money Market Accounts		1,532,948.16
Accounts Receivable		106,624.50
Inventory		72,355.37
Prepaid Expenses & Clearing Accounts		140,754.94
Total Current Assets		1,852,682.97
Investments & Other Assets
Property & Equipment - Net De		4,963,305.56
Liquor License		32,500.00
Total Investments & Other Assets		4,995,805.56
Total Assets		6,848,488.53
Liabilities & Fund Balances
Current Liabilities
Accounts Payable		68,893.09
Accrued Liabilities		288,322.56
Fuel Tank Cleanup Liability		33,185.09
Total Current Liabilities		390,400.74
Other Liabilities
Building & Landscape Deposits		111,550.00
Phone Tower Deposit		50,000.00
Other Deposits		128,354.92
Total Other Liabilities		289,904.92
Equity
Current Operating Year's Earnings		599,723.13
Replacement & Capital Add. Fund		1,113,549.00
Property & Equipment Fund		4,295,120.00
Prior Year's Retained Earnings		159,790.74
Equity		6,168,182.87
Total Liabilities & Equity		6,848,488.53