Transcription of Understanding Your Monthly Balance Sheet
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Understanding Your Monthly Balance Sheet
Balance SHEETP roperty - America s Best HOA (ame411) *As of = 03/2011 ASSETSOPERATING FUNDSCHECKING ACCOUNT2, OPERATING FUNDS2, FUNDSC itizens Business 254-0010029, Bank 055756454210, Bank & Trust 203456454910, RESERVE FUNDSTOTAL ASSETS32, EQUITYRETAINED EARNINGS - PRIOR YEARS30, EARNINGS - CURRENT YEAR2, MEMBERS EQUITY32, your Monthly Balance Sheet1. Balance SheetThe Balance Sheet displays a snapshot of the HOA s nancial condition at the end of each month. It lists the association s total assets and members' equity.
Understanding Your Monthly Balance Sheet The accounts listed on the Balance Sheet indicate those which Beven & Brock has been made aware of. In order for the monthly ˜nancial to
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