General Conference Bulletin, vol. 7
Auditor’s Statement
W. A. Spicer, C. P. Bollman, C. C. Crisler, T. E. Bowen, H. E. Rogers, J. N. Anderson
TAKOMA PARK, WASHINGTON, D. C., April 25, 1913.
Elder W. T. Knox, Treasurer, GCB May 18, 1913, page 30.9
General Conference Corporation S. D. A., GCB May 18, 1913, page 30.10
Takoma Park, D. C. GCB May 18, 1913, page 30.11
Dear Brother: This is to certify that I have completed the examination of the books of the General Conference Corporation for the year ending Dec. 31, 1912. The cash received during the year has been correctly entered; and proper vouchers are on file covering all disbursements. The books are in balance. GCB May 18, 1913, page 30.12
The cash in hand, the morning of March 23, and in the bank, corresponds with amount demanded by the cash register. GCB May 18, 1913, page 30.13
I have discovered no errors whatsoever, and I am pleased to certify that as far as my knowledge goes, the funds of the corporation have been faithfully accounted for. The statement herewith attached of resources and liabilities, together with detail account of real estate, bills payable, bills receivable, certificates of deposit, and annuities, is a correct statement of the financial standing of the General Conference Corporation of Seventh-day Adventists for the year ending Dec. 31, 1912. Sincerely yours, R. T. DOWSETT, Auditor. GCB May 18, 1913, page 30.14
GENERAL CONFERENCE ASSOCIATION FINANCIAL STATEMENT
Dec. 31, 1912
RESOURCES:—
| Accounts receivable | $23,032.84 | |
| Bills receivable | 3,223.90 | |
| Real estate | 430.52 | |
| $26,687.26 |
LIABILITIES:—
| Annuities | 3,500.00 | |
| Bills payable | 6,045.00 | |
| Accounts payable | 605.75 | |
| 10,150.75 | ||
| Present worth Jan. 1, 1913 | 16,536.51 |
GAINS:—
| Legacies | 5,541.66 | |
| General Conference Assn. Fund | 50.00 | |
| 5,591.66 |
LOSSES:—
| Interest | 231.56 | |
| Montana Conference | 51.76 | |
| Taxes | 18.10 | |
| Expense | 30.50 | |
| Real estate—on sale of lots Nos. 30 | ||
| and 93, in Battle Creek | 50.00 | |
| 381.92 | ||
| Net gain for year 1912 | 5,209.74 | |
| Present worth Jan. 1, 1912 | 11,326.77 | |
| Net gain for year 1912 | 5,209.74 | |
| Present worth Jan. 1, 1913 | 16,536.51 |
General Conference Association Comparative Statement
| Present worth Jan. 1, 1909 | 4,938.30 | |
| Present worth Dec. 31, 1912 | 16,536.51 | |
| Net gain for the four years | $11,598.21 |