UA-R-GC-1914-01-01-1928-10-27_Page-039

iss Appendix B Schedule 2 THE AMERICAN UNIVERSITY AT CAIRO BALANCE SHEET AS OF JUNE 15th 1928 Current Assets Current Liabilities 28,355.63 5,151.53 718.16 2,446.99 36,672.31 39_2_669..13 76,341.44. General Cash Overdraft 21, 282.74 Accounts Payable 239.14 Designated Contributions 5,151.53 Endowment Funds, etc. uninvested 3,355.63 Balance due Bursar acct. 1927-2821,312.40 Receipts acct. Endow. Campaign 25,000.00 76,341.44 Cash-for Investment " " Designated Purposes Accounts Receivable Campaign Expenses Advanced Deficit in 1927-28 General Budget Investment Account Investments - at Book Value Bonds - Pledged 62,297.50 n Free 203,960.90 Mortgages 6:3,250.00 329,508.40 Real Estate Canadian Farm 9,550.00 Excess of Funds over Endowment Funds, etc: Frederick Weyeerrhhaaeeuusseerr Fnd General Endowment Fund rr rr (Campaign Recpt s . ) A. J. Brown Scholarship Fund James P. McKinney- Library Fnd J. T. Wallace Scholarship Fnd Wrn. Wallace t1 rr n n n 342, 414.03 Investrents 3,55;.63 Lydia A. Kelley E. J. Beatty Annuities Peter McCornack Fund .Profits from sale of reinvested n 75,002.18 125,462.50 105,000.00 1,020.26 10,000.00 1,000.00 454.16 2,000.00 1,000.00 7,500.00 9,550.00 securities, 4,424.93 342,414.03 Educational Plant, Etc. Educational Plant: Land, Bldgs. & JEcluiprment at Cairo, Egypt, at Book value after depreciat-528,047.42 ion June 30, 1928 Suburban Property Land near Cairo, Egypt 59,259.11 583,306.53 Notes Payable - Secured General 27,000.00 t, rr " Auditorium 21,000.00 48,000.00 Net Equity : Bice 6/30/27 less Canadian property entered above 460,427.66 Add: Additions & Improvements during yr. after deducting depreciation 95 , 878. X37 556,306.53 Deduct: Proceeds from loan re Auditorium remitted to Egypt 21,000.00 535,306.53 583,306.53 *After the close of the year, gifts designated for 1927-28 were received totalling $11,815.00; thus reducing the actual deficit to $27,854.13