| Return Reference | Explanation |
|---|---|
| PART II 24A ASSETS BEGNINNING OF THE YEAR | AIRCRAFT 1179U $119184 AND 1481X $109600, ACCOUNT RECEIVEABLE $961, COMPUTER AND SOFTWARE $150 |
| PART II 24B ASSETS AT END OF THE YEAR | AIRCRAFT 1179U AND 148X, ACCOUNTS RECEIVEABLE $961, COMPUTER AND SOFTWARE $150 |
| PART II 26 A LIABILITIES AT BEGINNING OF THE YEAR | BANK NOTE BANK OF LOCUST GROVE $75782, ACCOUNTS PAYABLE $1861, MEMBERS EQUITY $120000, RETAINED EARNINGS $13762 |
| PART II 26B TOTAL ASSET AT END OF THE YEAR | ACCOUNTS PAYABLE $1861, BANK NOTES $ 75782, MEMBERS EQUITY $120000, |
| PART 1 LINE 16 OTHER EXPENSE | AIRCRAFT FUEL $15614, AIRCRAFT MAINTENANCE $13480, GPS SUBSCRIPTION $299. AIRCRAFT OIL $703, BANK CHARGE $1058, AIRCRAFT HANGAR $5064, INSURANCE $19346, LOAN INTEREST $6672, MEMBER INTEREST 4151, MISC OFFICE EXPENSE $956, TAXES AND LICENSES $378 TOTAL $65841 |
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