A-24 - Cooperative Associations Act

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85. The balance-sheet must show separately:
(a)  cash on hand;
(b)  deposits in a bank or a savings and credit union;
(c)  accounts receivable and provision for bad debts;
(d)  debts owing to the association by its directors, officers and members of the executive committee;
(e)  the value of the merchandise and produce on hand according to the inventory;
(f)  investments with a statement of their nature;
(g)  lands, buildings, machinery, equipment and furniture, specifying their cost and the cumulated amortization;
(h)  the cost of concessions, patents, trade marks, leases, contracts and licenses, if not amortized and if ascertainable in the books or in a contract of purchase or sale of a property;
(i)  expenditures made on account of future business;
(j)  accounts payable and other unsecured debts;
(k)  debts secured by hypothec or otherwise;
(l)  the amount of each class of shares subscribed for and the amount paid on such shares, showing separately the amounts repayable to members;
(m)  the surplus resulting from the operations of the association and the variations that have occurred therein since the preceding balance-sheet, showing separately the sums set apart for reserves;
(n)  indirect or contingent liabilities.
R. S. 1964, c. 292, s. 79.