Aug 22, 07
ASSETS
	Current Assets
		Checking/Savings
			Checking Brookfield				252.38
			Savings Brookfield				227.63
			1150 · Petty Cash				-1,516.51
		Total Checking/Savings					-1,036.50
		Accounts Receivable
			1200 · Accounts Receivable				1,245.08
		Total Accounts Receivable					1,245.08
		Other Current Assets
			1120 · Inventory Asset				2,344.82
		Total Other Current Assets					2,344.82
	Total Current Assets						2,553.40
	Fixed Assets
		1400 · Fixed Assets
			1425 · Computer Equipment				3,993.72
			1427 · Church Equipment				3,194.47
			1428 · Office Equipment				13,890.76
			1430 · Audio Equipment				3,823.67
			1400 · Fixed Assets - Other				13,078.69
		Total 1400 · Fixed Assets					37,981.31
		1401 · Church Building					########
	Total Fixed Assets						########
TOTAL ASSETS							########
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				2000 · Accounts Payable			29.90
			Total Accounts Payable				29.90
			Other Current Liabilities
				2100 · Payroll Liabilities
					2165 · Housing Allowance SE		-414.00
					2102 · State Withholding IL		7.85
					2110 · Federal Withholding		5.00
					2120 · FICA
						2122 · Company	11.95
						2124 · Employee	2.20
					Total 2120 · FICA		14.15
					2140 · Medicare
						2142 · Company	2.79
						2144 · Employee	0.51
					Total 2140 · Medicare		3.30
				Total 2100 · Payroll Liabilities			-383.70
			Total Other Current Liabilities				-383.70
		Total Current Liabilities					-353.80
		Long Term Liabilities
			1421 · 1st National Bank of Brookfield				########
			1422 · On-Demand/Doonan				########
			1424 · 1st NationalBk Brookfield 2nd				34,065.47
		Total Long Term Liabilities					########
	Total Liabilities						########
	Equity
		3000 · Opening Bal Equity					16,152.12
		3900 · Retained Earnings					73,552.35
		Net Income					6,418.58
	Total Equity						96,123.05
TOTAL LIABILITIES & EQUITY							########