160 TWENTY-THIRD ANNUAL YEAR BOOK— PART III. 



IOWA STATE FAIR BALANCE SHEET 



November 30, 1922 



RESOURCES 



Real estate .$612,654.58 



Buildings 893,972.70 



Light and telephone plant 34,501.44 



Personal property 42,451.71 ^^^ 



Accounts receivable „,'?fl'i? 



Cash balance in treasury November 30, 1922 34,565.71 



Total resources $1,619,372.72 



LIABILITIES 

 Accounts payable __ $ 774.09 



SURPLUS 



State appropriation for frame buildings, 1885 $ 50,000.00 



State appropriation for real estate 89,124.47 



State appropriation for permanent buildings since 1902 596,000.00 



Increase in value of real estate and profits of fair invested in 



permanent improvements - 883,473.96 



Total surplus $1,618,598.63 



$1,619,372.72 



