ACCOUNTING PRACTICE A742 Tustin

Latest year or last 12 months Collections $150,000.00
No. of & amt. of gross amount in:
1. Personal income tax returns...... No. 83... Amt. $ 81,000.00
2. Corporate tax returns............... No. 29....Amt. $ 86,000.00
3. Partnership tax returns.............. No. __... Amt. $
4. Fiduciary tax returns................. No. __... Amt. $
5. Write up/bookkeeping/comp..... No.__... Amt. $
6. Audits...................................... No .__... Amt. $
7. Miscl........................................ No.__....Amt. $ 3,000.00

Who does tax interviews? Mailed Tax Oranizer, Number of returns on extension last year: 27

Software used in tax preparation? Prosystems

Largest single client, Tax $7,590.00, Write up/bookkeeping $7,5900.00 Other $

Write up/ Bookkeeping: Compilations
Monthly No. Amt.$, Qtrly. No. Amt.$4,300,00 Yrly. No. 24 Amt.$39,000.00 (part of $86,000.00)
Type of business's in write up/ bookkeeping:. Real Estate Mgmt, import wholesaler, construction clean-up, retaurants, insurance, brokers, etc

Software used in write up/ bookkeeping/ payroll: Excel and Quickbooks

Employees:
Full or part time: Job description/training: Pay & Benefits
1. Full Time - EA - 26.50 per hour plus benefits
2. Part time - CPA for reviewing returns - $50.00 per hour

Equipment: Number of Computers: 2, Networked:Yes . of printers: 2

Location: Time left on lease Owns ofc Mo. Rate Not for lease, Office to be moved, mostly mail in
Practice liabilities & expenses:
1. Equipment -0-
2. Furnishings -0-
3. Law suites - None
4. Other, utilities, telephone, etc:

*Seller to guarantee $150,000.00 in Collections*

Selling Price: $165,000.00

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