Directors Report

OUTDOOR RESORT - PALM SPRINGS Development Fund Balance Sheet 30-Nov-20

GL Number

Current Month Last Year

ASSETS

11/30/20

11/30/19

CASH 1075-000 Cash Account - Union Bank

198,575 93,322 0 198,575 93,322 0

1345-000 Prepaid Expenses

RECEIVABLES

0

0

TOTAL ASSETS

198,575 93,322

LIABILITIES

11/30/20 11/30/19

CURRENT LIABILITIES 2250-000 Due to Operations Fund

285,524 207,380 285,524 207,380

285,524 207,380

TOTAL DEVELOP. FUND LIABILITIES

DEVELOP. FUND BALANCE 2630-000 Development Fund Balance Beginning

(79,327) (122,004) 7,945 (86,950) (114,059) (7,623)

Development Fund Income(Loss)YTD

TOTAL LIABILITIES

198,575 93,322

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