4.3. EDA BALANCE SHEET 03-16-20203-11-2020 11:26 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: FEBRUARY 29TH, 2020
920-EDA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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920-1010 Cash - EDA 1,200,765.42
920-1610 Land Held for Resale 175,000.00
1,375,765.42
TOTAL ASSETS 1,375,765.42
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LIABILITIES
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920-2070 Due To Other Funds 48.97
TOTAL LIABILITIES 48.97
EQUITY
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920-2400 Fund Balance 1,355,304.80
TOTAL BEGINNING EQUITY 1,355,304.80
TOTAL REVENUE 1,728.64
TOTAL EXPENSES 45,546.28
(WILL CLOSE TO FUND BAL.)64,229.29
TOTAL REVENUE OVER/(UNDER) EXPENSES 20,411.65
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,375,716.45
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,375,765.42
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4.3.