ACCOUNTING PRACTICE A-735 Chowchilla

Latest year or last 12 months, Billings $380,000.00 Collections $ 352,257.00
No. of & amt. of gross amount in: 1. Personal income tax returns No.225 Amt. $158,000.00
2. Corporate tax returns No. 35 Amt. $80,000.00
3. Partnership tax returns No. 18 Amt. $30,000.00
4. Fiduciary tax returns No. 4 Amt. $2,000.00
5. Write up/bookkeeping No. 15 Amt. $80,000.00
6. Audit No. Amt. $ 0.00
7. Misc. No. 3 Amt. $.30,000.00

Who does tax interviews ? Owner/Partner , Number of returns on extension 60.

Software used in tax preparation? Tax Works

Largest single client, Tax $20,000.00, Write up/bookkeeping $5,000.00, Other $

Write up/ Bookkeeping:
Mo. No. 15 Amt.$, Qu. No. 5 Amt.$, Yr. No. 5 Amt.$
Type of business's in write up/ bookkeeping, General Businesses, All Types.
Software used in write up/ bookkeeping, Quickbooks

Employees:
Full or part time Job description/training Pay & Benefits
1. Full, Bookkeeper $22 per hour and Insurance
2. Full, Secretary, $14.00 per hour and Insurance
3. Full Accountant (CPA) $28.00 per hour and Insurance
4.Part Bookkeeper/consultant $22.00 per hour and Insurance
5.

Equipment: Number of Computers: 8, Networked yes, Number. of printers 8

Location: Time left on lease:mo. to mo., Mo. rate:$585.00, Office sq. ft. 3,000
Practice liabilities & expenses:
1. Equipment -0-
2. Furnishings -0-
3. Law suites -0-
4. Other, utilities, telephone, etc: Util $382.00 per mo Tele $383.00 per mo

Selling Price: $425,000.00

OAK TREE ASSOCIATES (800) 233-0659 FAX (949)855-9648