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Report, December 31, 1921

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UNITED STATES RADIUM CORPORATION BALANCE SHEET AS AT DECEMBER 31, 1921 ASSETS Cash in Bank and on Hand 56,899.75 Accounts Receivable 65,002.90 Inventory 516,446.80 Total Current Assets 638,349.45 Unexpired Insurance 1,133.01 Land, Buildings & Equipment-Orange 278,212.92 Mining Claims & Equipment 112,570.11 New York Office Equipment 7,621.53 398,404.57 Less Reserve for Depreciation 170,510.00 227,894.57 Secret Process 200,000.00 427,894.57 1,067,377.03 LIABILITIES Notes Payable 175,000.00 Accounts Payable 8,679.22 Total Current Liabilities 183,679.22 Preferred Stock 400,000.00 Common Stock 355,718.77 755,718.77 Surplus December 31, 1920 177,518.58 Add Profit for Year 1921 46,661.81 224,180.39 Less Dividends on Preferred Stock 28.000.00 Inc. Tax on Previous Year 23,748.35 Investments Written Off 4,000.00 Other Deductions from Sur- plus Chargeable to Pre- vious Year 40,453.00 96,201.35 127,979.04 1,067,377.03

Page data

Page
2
Source index
0
Type
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Media ID
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Size
unknown

Document data

ID
75718657
Core
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document
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Context sent to Scholar

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    "ocrText": "UNITED STATES RADIUM CORPORATION\nBALANCE SHEET AS AT DECEMBER 31, 1921\nASSETS\nCash in Bank and on Hand\n56,899.75\nAccounts Receivable\n65,002.90\nInventory\n516,446.80\nTotal Current Assets\n638,349.45\nUnexpired Insurance\n1,133.01\nLand, Buildings & Equipment-Orange 278,212.92\nMining Claims & Equipment\n112,570.11\nNew York Office Equipment\n7,621.53\n398,404.57\nLess Reserve for Depreciation\n170,510.00\n227,894.57\nSecret Process\n200,000.00\n427,894.57\n1,067,377.03\nLIABILITIES\nNotes Payable\n175,000.00\nAccounts Payable\n8,679.22\nTotal Current Liabilities\n183,679.22\nPreferred Stock\n400,000.00\nCommon Stock\n355,718.77\n755,718.77\nSurplus December 31, 1920\n177,518.58\nAdd Profit for Year 1921\n46,661.81\n224,180.39\nLess\nDividends on Preferred\nStock\n28.000.00\nInc. Tax on Previous Year 23,748.35\nInvestments Written Off\n4,000.00\nOther Deductions from Sur-\nplus Chargeable to Pre-\nvious Year\n40,453.00\n96,201.35\n127,979.04\n1,067,377.03"
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