SR_DPI_DNE_Special_Subject_File_B5F1_Durham_NC_College_Negroes_054

NORTH CAROLINA COLLEGE FOR NEGROES
DURHAM, NORTH CAROLINA
EXHIBIT "A"
BALANCE SHEET JULY 1st, 1925
ASSETS AND LIABILITIES

ASSETS

LAND:
25 acres land @ $4,000.00
60,000.00

BUILDINGS:
BOYS BUILDING, brick veneer
15,000.00
AUDITORIUM, frame building
7,000.00
GIRLS DORMITORY, frame building 24 rooms & laundry
10,000.00
TEACHERS HOME, 10 rooms
6,000.00
GLASS ROOM BUILDING, 14 class rooms recently erected costing
17,000.00
DINING ROOM, recently erected
35,000.00
Total buildings
90,000.00

EQUIPMENT
10,000.00

INVENTORY OF PROVISIONS ON HAND
334.00

STUDENTS ACCOUNTS RECEIVABLE, Schedule 1
648.29

CASH ON HAND:
Maintenance Fund
93.20
Building Fund
75.48
Total Cash
168.68

TOTAL ASSETS
161,350.97

LIABILITIES

FLOATING DEBT
3,417.62

BILLS PAYABLE - Note for Water Main Construction
6,431.84

TOTAL LIABILITIES
9,849.46

NET WORTH JULY 1 1925
151,501.51