52 TakingITGlobal Annual Report 2010
bALANcE SHEET
cANADA
2010 2009
ASSETS
Current assets
Cash $ 152,080 $ 197,956
Accounts receivable 322,530 i91,883
Prepaid expenses and sundry assets 23,232 6,480
497,842 396,319
Capital - at cost less accumulated amortization 76,076 90,022
$ 573,918 $ 486,341
LIABILITIES
Current liabilities
Accounts payable and accrued liabilities 95,012 129,491
Deferred revenues 90,926 38,303
185,938 167,800
long-term
Deferred capital contributions 31,724 49,759
217,662 217,551
nET ASSETS
Unrestricted net Assets 356,256 268,790
$ 573,918 $ 486,341
