54 TakingITGlobal Annual Report 2010
bALANcE SHEET
USA
2010 2009
ASSETS
Current assets
Cash $ 169,001 $ 127,732
Unconditional promises to give 4,500 16,500
Accounts receivable - 7,355
Security deposit 1,300 -
Property and equipment, at cost
(net of accumulated depreciation) 28,337 20,956
Total Assets $203,138 $ 172,543
LIABILITIES
Current liabilities
Accounts payable and accrued expenses $ 22,274 $ 20,675
Grants payable - 2,500
22,274 23,175
Commitment and Contingency
nET ASSETS
Unrestricted 68,864 5,096
Temporary restricted 112,000 144,272
Total net Assets 180,864 149,368
Total Liabilities and net Assets $203,138 $172,543
