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|
|
|
|
|
|
|
|
As of |
|
| ASSETS |
July 31, 2003 |
|
| Current Assets |
|
|
| Cash on hand and in Banks |
5,300 |
|
| Accounts Receivable |
208,598 |
|
| 10% Allowance for write off's |
-20,860 |
|
| 15% Allowance for discounts |
-28,161 |
|
| Furniture, Fixtures & Equipment |
132,119 |
|
| Total Current Assets |
296,996 |
|
| Long-term Receivables |
|
|
| Receivables from Personal Injury Cases |
713,127 |
|
| 10% Allowance for write off's |
-71,313 |
|
| 25% Allowance for settlement of fee |
-160,454 |
|
| Total Long-term Receivables |
481,360 |
|
|
|
|
| Total Assets |
778,356 |
|
|
|
|
| LIABILITIES |
|
|
| Current Liabilities |
|
|
| Accounts Payable |
11,350 |
|
| Payroll |
2,450 |
|
| Due to (Overpayments) to Medicare, Medicaid & Others |
0 |
|
| Accrued Expenses |
0 |
|
| Notes Payable |
0 |
|
| Total Current Liabilities |
13,800 |
|
| Long-term Liabilities |
|
|
| Notes Payable-Future Maturities |
0 |
|
| Total Long-term Liabilities |
0 |
|
|
|
| Total Liabilities |
13,800 |
|
|
|
| NET WORTH |
764,556 |
|
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