August 13 2020- Director's Report

OUTDOOR RESORT PALM SPRINGS OWNER'S ASSOCIATION CAPITAL BALANCE SHEET

CURRENT YEAR PREVIOUS YEAR

ASSETS

06/30/20

06/30/19

CASH Cash Account - Union Bank

144,334

56,907

Prepaid Expenses

0

0

144,334

56,907

RECEIVABLES

0

0

TOTAL ASSETS

144,334

56,907

LIABILITIES

06/30/20

06/30/19

CURRENT LIABILITIES

Due to Operations Fund

223,662 223,662

178,910 178,910

TOTAL CAPITAL FUND LIABILITIES

223,662

178,910

CAPITAL FUND BALANCE Capital Fund Balance Beginning Capital Fund Income(Loss)YTD

(122,004)

23,234

42,676

(145,238) (122,004)

(79,327)

TOTAL LIABILITIES AND FUND BALANCE

144,334

56,907

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