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Sheet 3 Standard 7-53-200 Form 141 LAS VEGAS LAND AND WATER COMPANY GENERAL BALANCE SHEET INCOME ACCOUNT AND PROFIT AND LOSS JULY 31, 1954 INCOME ACCOUNT DEBIT CREDIT NUMBER TITLE 117 OPERATING REVENUES 333 493.72 156 INCOME FROM OIL ANO GAS LEASES 25 481.90 113 MISCELLANEOUS INTEREST INCOME 914.45 161 PROFIT ON SALES OF REAL ESTATE 14 946.41 !1 111 MISCELLANEOUS INCOME CREOITS 5.00 1 118 OPERATING EXPENSES 217 326,76 J, 158 DEPRECIATION - OFFICE BUILDING - 6TH & OLIVE STS., LOS ANGELES 7 235*28 j 109 TAXES ON RENTAL PROPERTY - AD VALOREM 10 088,75 110 TAXES ON LAND HELD FOR SALE - AO VALO RE M 3 150,00 i 69 TAXES ON LAS VEGAS WATER S Y S T E M - AO VALO RE M 18 750,00 | 71 TAXES - MISCELLANEOUS 38 149.48 163 LOSS ON SALES OF REAL ESTATE 170 i i MISCELLANEOUS INCOME DEBITS OB TO TA L INCOME 294 700.27 374 841.48 i P r o f i t F ° R 7 S B EN0ED July 31. 1954 80 341.21 m j. i | PROFIT AND LOSS DEBIT CREDIT PROFIT AND LOSS BALANCE, DECEMBER 31, 19 5 3 1 229 100.25 C r e d i t BALANCE TRANSFERRED FR OM INCOME FOR 7 m o n t h s e n d e d July 31, 1954 80 141.21 | 123 MISCELLANEOUS CREDITS TO PROFIT AND LOSS 7 828,23 122 MISCELLANEOUS OEBITS TO PROFIT ANO LOSS 1 1 ,10' j p r o f i t a n o l o s s b a l a n c e July 3 1 , 1954 - C r e d i t 1 317 058,59 TOTAL PROFIT AND LOSS 1 317 069.69 1 317 069.69 Omaha, Nebraska, August. 26, 1954, ^ Auditor