MANHATTAN ELECTR

BALANCE SHEET AS ;
 

ASSETS

Current Assets:

Cash in Bank and on Hand........................................................

Trade Acceptances, Notes and Accounts Receivable, less
Reserves for Doubtful Accounts, Cash Discounts, Rebates,
etc.

Inventories of Raw Materials, Goods in Process and Fin¬
ished  Goods   ............................................................................

Total Current Assets ......................................................

Fixed Assets   (Less  Depreciation) :

Real Estate and Buildings ........................................................

Machinery, Tools and Equipment ............................................

Office and Store Furniture and Fixtures ................................

Delivery Equipment ....................................................................

Total Fixed Assets ........................................................

Deferred Charges to Operations :

Stationery, Advertising Materials, Insurance, Taxes, etc.....

Goodwill, Patents, Trade Marks, etc.............................................
 

$653,166.60

261,884.54

32,140.97

6,345.67
 

$  409,255.55

733,948.56
1,519,064.72

$2,662,268.83
 

953,537.78
 

54,007.76

2,503,312.16
 

6,173,126.53
 


 

CERTIFIC/ t 3Di
 

31, 1921,
 

We have examined the books and records of the above Company and certify that the foregoing Balancii ji

The cash has been verified either by actual count or by certificates obtained from the respective dep'
The inventories of merchandise have been valued at cost or market, whichever was the lower at DecerI9;
 

acc(
 

Adequate provision has been made for doubtful accounts, discounts and rebates; and as far as coi'^rting^
New York, March 24, 1922.