Creator:H Tracy Hall Inc
Date Created:August 31, 1973
Place Created:Provo, Utah
Keywords:H Tracy Hall Inc,financial statements
Context:financial statements from 1973
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H. TRACY HALL, INC
1190 COLUMBIA LANE P. 0. BOX 7533 UNIV. STA, PROVO, UTAH 84601
Elmer Fox
Company
Certified Public Accountants
H. TRACY HALL, INC. FINANCIAL STATEMENTS AUGUST 31, 1973
Unaudited - No Opinion Expressed
Elmer Fox
Company
Certified Public Accountants
H. Tracy Hall, Inc. Provo, Utah
The accompanying balance sheet of H. Tracy Hall, Inc. as of August 31, 1973 and the related income statement for the year then ended were not audited by us and accordingly we do not express an opinion on them. The financial statements are for the internal use of management and therefore do not necessarily include all disclosures that might be required for a fair presentation in conformity with generally accepted accounting principles.
ELMER FOK & COMPANY
Provo, Utah October 9, 1973
4^4-556
H. TRACY HALL, INC.
Exhibit A
BALANCE SHEET August 31, 1973
ASSETS
Current Assets Cash on Deposit Inventory
Total Current Assets
Machinery and Equipment
Less Accumulated Depreciation Undepreciated Balance
Other Assets
Organization Expense Less Amortization Total Other Assets
Total Assets
$ 9,824.12 32,681.91
21,302.02 1.755.00
324.75 59.54:
$ 42,506.03
19,547.02
265.21
$ 62.318.26
LIABILITIES AND STOCKHOLDERS1 EQUITY
Liabilities
Customer Deposit
Loans from Shareholders
Notes Payable - First Security Bank
of Utah Debentures Payable
Total Liabilities
Stockholders' Equity - Incorporated Capital Stock - 25,000 Shares Issued
and Outstanding Retained Earnings (Deficit)
Total Stockholders' Equity
885.00 5,050.00
40,000.00 2.500.00
25,000.00 ( 11.116.74)
$ 48,435.00
Total Liabilities and Stockholders' Equity
13,883.26
$ 62.318.26
Unaudited - No Opinion Expressed
H. TRACY HALL, INC.
Exhibit B
INCOME STATEMENT Year ended August 31, 1973
Interest Income	$ 222.17
Expenses
Salaries and Wages	$ 2,600.00
Insurance	348.42
Payroll Taxes	218.40
Freight and Express	132.28
Supplies	3,027.02
Utilities	588.63
Interest Expense	388.98
Advertising	44.49
Travel and Entertainment	614.08
Professional Fees	207.25
Dues and Subscriptions	180.62
Rent	840.00
Other Taxes and Licenses	334.20
Amortization Expense	59.54
Depreciation	1.755.00
Total Expenses	11,338.91
Net Loss	($ 11.116.74)
Unaudited - No Opinion Expressed
Time Devoted
H. Tracy Hall
1711 No. Lambert Lane Provo, Utah 84601
Daniel and Sherlene Bartholomew "0" South, 731 Ulynwood Road Winfield, 111. 60170
H. Tracy, Jr. and Elizabeth H. Hall 1117-C 6th Street Albany, California 94706
David R. and Karen V. Hall
130 Washington St., P.O. Box 15 Rocky Hill, New Jersey 08553
J. Martin and Elizabeth Neil 166 B Eatoncrest Drive Eatontown, New Jersey 97724
Virginia Hall
1711 No. Lambert Lane Provo, Utah 84601
Charlotte Hall
1711 No. Lambert Lane Provo, Utah 84601
Nancy Hall
1711 No. Lambert Lane Provo, Utah 84601
Ida-Rose L. Hall
1711 No. Lambert Lane Provo, Utah 84601
Totals
*Life on all property is over 7 years
H. TRACY HALL, INC. SCHEDULE OF DISTRIBUTIONS AND OTHER ITEMS August 31, 1973
Social	Stock Ownership
Security No. of Period Held Number Shares From	To Compensation to Business
529-07-9801 6,750 9/5/72 8/31/73 $ 2,400.00	Part
529-56-9730 1,750 9/5/72 8/31/73
87-029^951
Net	Investment
Operating	Credit ,
Loss	Property*
($ 2,985.82)	$ 2,030.51
528-66-3544 1,750 9/5/72 8/31/73
528-66-4787 1,750 9/5/72 8/31/73
529-66-7245 1,750 9/5/72 8/31/73
528-78-8080 1,750 9/5/72 8/31/73
528-80-8152 1,750 9/5/72 8/31/73
529-94-9795 1,750 9/5/72 8/31/73
529-10-1716 6,000 9/28/72 8/31/73
( 758.92)
( 758.92)
( 758.92)
( 758.92)
( 758.92)
( 758.92)
( 758.92)
525.84
SI*. 84
525.84
525.84
525.84
5J25.84
525.84
( 2,543.48) 1,800.65
$ 2.400.00
($ 10,841.74) $ 7.512.04
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