ROYAL ASIATIC SOCIETY – HONG KONG BRANCH BALANCE SHEET
AS AT 31ST DECEMBER 1989
1989 1988 HK$ HK$ FIXED ASSETS Cost at 31st December 1988 33,771 26,118 Additions during the year 2,408 7,653 Disposal during the year (2,950) Cost at 31st December 1989 33,229 33,771 Less: Accumulated depreciation 23,924 20,487 9,305 13,284 LISTED INVESTMENTS 90,914 90,914 CURRENT ASSETS Accounts receivable and payments 28,225 5,108 Fixed deposits at bank 70,000 70,000 Bank savings account 25,989 ... 124,214 75,108 CURRENT LIABILITIES Accrued journal printing cost 1,946 4,631 Creditors 1,000 4,550 Subscriptions received in advance 1,958 ... Bank overdraft ... 6,343 4,904 15,524 NET CURRENT (LIABILITIES) (15,690) (10,416) Represented by: 84,629 93,782 ACCUMULATED FUNDS 84,629 93,782 84,629 93,782The accounts were approved by:
(signed)
Hon Treasurer
On 7th February, 1990
(signed)
President
xxii
ROYAL ASIATIC SOCIETY – HONG KONG BRANCH BALANCE SHEET
AS AT 31ST DECEMBER 1989
1989
1988
HK$
HK$
HK$
FIXED ASSETS
Cost at 31st December 1988
33,771
26,118
Additions during the year
2,408
7,653
Disposal during the year
(2,950)
Cost at 31st December 1989
33,229
33.771
Less: Accumulated depreciation
23,924
20,487
9,405
13.284
LISTED INVESTMENTS
90,914
90.914
CURRENT ASSETS
Accounts receivable and payments
28,225
·
5,108
Fixed deposits at bank
Bank savings account
T
CURRENT LIABILITIES
·
Accrued journal printing cost Creditors
Subscriptions received in advance Bank overdraft
Ꮀ
70,000
70,000
25.989
+
124,214
75,108
135,000
70,000
+
1,946
4,631
+ +
1,000
4,550
1,958
6.343
139.904
85,524
NET CURRENT (LIABILITIES)
Represented by:
(15,690)
(10,416)
84,629
93,782
ACCUMULATED FUNDS
84,629
93,782
84,629
93,782
* J
The accounts were approved by:
(signed)
Hon Treasurer
On 7th February, 1990
(signed)
President
xxii
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