Document Z9oONqomM6bBkgbBGRaOX6M7

t h e h a h t ii.-s e l o it p 3a'VA.ri o p ..e o -e a s e a . THAI) I ./J S"A2X.".i ilncu at 31 , 19X9 Gross Sales Loas Allow. lie turns Let Sale 3 Put 326.438.41 13.384.10 314,554.31 Lifgd. Ed 3 6. Factory Output 191,263.31 1.033 Afg. Surplus 21.787.31 Aug. 1918 Inventory Load Pur aliases Ola Unmfgi. Oun&ries Insectilidos Less Inventory Sales Ljdse. Cost of Salas Gross Trading Profit Percent of Let Sal03 169,481.00 40,2,43.51 2,471.82 9,587.37 43,086.47 7.209,00 272,179.17 54.557.49 217,621.68 96,932.63 30. 3?! SALES ELKS,-33 Advertising 6,944.56 1.003.05 Office 7c Storg 3orvice Traveling Service & Hep. General Exp. 4,276.27 47,08 31 anvpa Collection S~. Allowance 3#atlocot3' i; Printing; 1,164.07 2,10.72 Insurance 1,437.73 573.40 Paxes 7>68.99 25.00 Cartage lid3e,1)13count3 Allowed Suspense Bad Det)ts Selling Expense Percout of Let Sales Let Profit from Operation Percent '1 Lot Sales Inv Inv Inv Inv Inv . 5,941.51 T_ > ; O /. O 20l264.09 4 229.19 654.23 4 65.06 853.35 864.33 343,99 725.97 4,437.55 ' 373.44 50,005.24 15.9d 46.927.59 14.9 ; PPO.-'I? .1 .LOSS ACJOUL'T Uet Trading profit Cash Elsa cunts tcjren 2,024.78 Interest on Plant 317.40 1918 r'edl. Tax Beaerve Surplus 2,743.91 Interest on Liberty ponds 71.47 " "" " " Accrued __ 91. S3 less Interest 3ili3 Payable 236.00 less Dent. Plant Acct. 1,520,72 Less Direct CHg.Cloveland Intonest pv- orrpins 941,38 Le 3 3 .3. Ear tin 129.92 Less Federal Taxes 19.735.37 Final Let Profit 46,927.39 5.249,19 52,176.58 22.653.39 029,523.19 ,9.3eo: THE lIARTIir-SE-.'OTH OGEPil.Tr 0? hTSHA-iXA a t .a :;:^ j it h '-t t Aft'.' r lionidg Arenat 31, 1913 ASSETS Plant Aocount Inv. 3av7 & Pinished StocK lash Liberty Bonds Outstnnclin# Aoafca. Pac. 5,562.57 'Z 98-391.56 J^aJULOSa Bills Capital H took: Xj D3s S; Cain Ac :t , Payable Raaarve Personal Taxes Ac c omit s Payab le (Commission d-ae Saleanon Commission due rj. E. Eartin (lain 50,000.00 45.244,08 107,954.1!! 788.65 6,001.00 ' 57.612.76. 176,155.14 105,244.06 10,000.00 236.15 11.181.08 454.43 1,612.92 49.376.46 y 173.155.14 0007-SWP-000130064 firs .-s t mt o r g o c m h b b p a s k a 3 t a t s t 17 Aug. "1, 1919 Grass Sales less Baturas, Ailcnv. & irt -e t Sale y 276,133.36 12.755.47 Ilfgel. Mdse. Factory Out out Ilfg. Oafid it Aug. 1917 Inventory Lead Oil Unmfgl. Svnir law 142,176.39 2,037.57 23,743.33 3,308.47 14, 676.24 37.713.68 223,657.68 267,377.89 Less Invent ory Sales "daa 40.343.51 Doa tt of Salsa Gross Trading Profit 183,514.17 Pe r-cent of at Salas 3AI3S HXHlIfSB Advertising 4,136.12 570.69 Inv-3,565.43 Office 4 Store Service 9,561.52 Traveling 3er, & 3xp. 16,913,41 General Expense 4.503.91 aullHCUUIl a HilvnOliUO Stationary 4 Printing 55.50 In.v-4,448 .41 801.27 272.69--Inv-- 528.58 31 arises Gartags Mdse. Discount 548.89 821.45 4.361.49 43,401.29 Les3 Or. Suspense Bad. ta 26.41 Sailing Sxpense Percent of list Salas ,-,at Profit from Operation Pei'cent of ilet sales Profit 4 loss Account Get Trading Profit Gash. Discount taken 2,365.19 Interest an Plant _____345.21 lass Int. on Bilxs Payable les3 Depreciation "dig & Equip. 1/Q ss 11 " Mdse. 36,4!8.84 _____2.730.40 317.19 1,136.90 2.1S2.15 less Administrative Step, r'i ial list Profit Depreciation 10;-:1 Mol-. ,," 2S?~ Fixtures & Mum. 35;, Slevator, Pi re Doors 5 Furnace 39.199.24 3. 658.24 35.541.00 10.000.no 25.541.00 15.000.00 10.541.00 79,863.72 30. 3ft 43,374.30 36,488.84 16.5^ 13. Sf' 13 0007-SWP-000130065 Tirr: ;':AB2i-:*sn..cira BAJ.-KSE CU?!?3 AP'_- ::.o -I. ':, a u g . 31, i s i s . ASSETS Hotly. & Equip. Inv. Stock, Raw & Pini3ho& Oaoii Bond. - U.5. 3rd LiBorty Outstanding -JABiiisri; Capital Stock Los a Sain. Kesorre Personal Tasias " Podo ral " Oorasission due Salesmen artis '/ami sh Co. ZI-3 Co. of Chicago Admin. 0Jig. Z. 3. itartin. Oortaiaaioa Gain 6,457.20 65,675.12 60,000.00 34,705.06 72,152.52 25.795.22 1,000.00 53.565.22 94,705.06 ,557.31 10 000.00 ICO. 00 1,493.86 15,000.00 217.51 10.541,00 152,492.76 132,492.76 ! I 0007-SWP-000130066 * August 31. IS 16 . TEADIIJG STATEMENT. .. Gross Sales less Returns .Allowances &> Rrt. Ret Sales 276133.36^ 12755.47 ^ 263377.89i [ RETURN TO R. W. L-,, Jifga. Kfllse . Factory output Factory Deficit Aug.1917 Ih t . lead Oil Unrafgd . S undrie s 142176.39 S 1755.86 *> 23743;.3333S^.. 3306!.*47>r 14878 .Ei'O 37713:.68 S 223575.97 S less Inventory Sales lidse . 40343.51 Cost of Sales 183232.46 Gross Trading Profit 80145.43 pornout--of-----Not Soles 1 SO .4# SAXES EXPENSE Advertising Office & Store Service Traveling Ser. & Exp. General Expense Collection & Allowance Stationery & Printing Stamps Cartage i'dse. Discount 4136.12 S 570.69 Inv. 5191.00' 460.88 Xnv. 801.27 S 272.69 Xnv. less Cr. Suspense Bad Detjfbs Selling Expense Percent of Net Sales Net Profit from Operation Percent of Net Sales 3566 .43 9364.01 S. 18913.41S 4730.12 . 632.Ilf 528.58 S' 548.89 f, 821.45 S 4361.49 Y> 4S5:4- < 26.41 S >r 43439.08' 16.5# S^ 36706 .35 " .y 14 # / ,,,* 0007-SWP-000130067 profit & loss Account Met Trading- Profit y Cash Disoounta Taken interest on Plant 2365.19 y 345.21^ Less Interest on Pills Payable less Depreoiation Kehy & Eouip 36706 .35 S 2710.40 ^ 39416.75 ^ 1148 .90 x 1476.09 14 .4fo Depreciation 10JS Itchy. Depreciation 25^5 Pisctures & i'urniture Depreciation 35^5 Elevator, Eire Doors & Purnace ^ ^1 ^ Z. /*2.rr 0007-SWP-000130068 BAIANCE SHEET AFTER CLOSING AUGUST 31 ,, 19X8 ASSETS LIchy. & Equip Inv.Stock Raw & Finished Cash Bond - U.S. 3d Liberty Outs tanding LIABILITIES Capital Stock 60000.00 loss & Gain 34703.08- less Reserve personal Takes Gain <3r,?jy.r/ Commission due Salesmen Martin Varnish Company 94703.08 337.31 *> 37940 .06 200.ho 1493 .86 * -3.-04074.9-3r t.- <. -33 7-3 I >! j /' 7 . ,, -3 > : - - j /*""/* e*5 y *>< ? 3 ^ 3 .2 a o '** &Y s ./ ____ 0007-SWP-000130069 FACTORY lOSS & GAIN ACCOUNT August 31, 1918 Raw Material Packages Packing Materials labels 141103.46 21296.01 Inv . 12917.78 2231.67 Inv . 3996.64 998.88 Xnv . 1359.13 1273.27 Inv. ^Suspense Factory Service Productive Service Non-Productive Service labeling Service Packing Service Watching Service EXPENSE light Power Heat Rent Repairs Water Rent Insurance Taxes Interest on Plant Sundries 206 .77 8 7.50 Inv. 431 .13 281.71 Inv. 249.80 40 .46 Inv. Taotory output To Mfgd- Mdse. Dr. 119807.45 10686.11 2996.76 85.86 3546.99 973.35 2873.91 182 .40 251.50 16.25 Cr. 53.88 306.07 119.27 600.00 267 .96 . 6.00 149.42 454.63 345.21 209.34 142176.39 1755.86 143932.25 143932.25 ^Suspense I'aotory Service represents first sis: months' service undistributed, 0007-SWP-000130070