SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS
| Debit | Credit | |||
| 1. Balance January 1, 2011 | XXXXXXXX | XX | XXXXXXXX | XX |
| Due From State of New Jersey | 11,114.05 | XXXXXXXX | XX | |
| Due To State of New Jersey | XXXXXXXX | XX | ||
| 2. Sr. Citizens Deductions Per Tax Billings | 76,500.00 | XXXXXXXX | XX | |
| 3. Veterans Deductions Per Tax Billings | 467,500.00 | XXXXXXXX | XX | |
| 4. Sr. Citizens Deductions Allowed By Tax Collector | 6,750.00 | XXXXXXXX | XX | |
| 5. Veterans & Disabled Deductions Allowed by Tax Collector | 15,500.00 | |||
| 6. Veterans & Disabled Deductions Allowed by Tax Collector 2010, 2009 | 1,451.37 | |||
| 7. Sr. Citizens Deductions Disallowed By Tax Collector | XXXXXXXX | XX | 5,250.00 | |
| 8. Sr. Citizens Deductions Disallowed By Tax Collector 2010 Taxes | XXXXXXXX | XX | 5,468.49 | |
| 9. Received in Cash from State | XXXXXXXX | XX | 549,297.26 | |
| 10. Veterans & Disabled Deductions Disallowed 2011 | 1,000.00 | |||
| 11. Veterans & Disabled Deductions Disallowed 2010 | 1,234.25 | |||
| 12. Balance December 31, 2011 | XXXXXXXX | XX | XXXXXXXX | XX |
| Due From State of New Jersey | XXXXXXXX | XX | 16,565.42 | |
| Due To State of New Jersey | XXXXXXXX | XX | ||
| 578,815.42 | 578,815.42 | |||
Calculation of Amount to be included on Sheet 22, Item 10-2011 Senior Citizens and Veterans Deductions Allowed
| Line 2 | 76,500.00 |
|---|---|
| Line 3 | 467,500.00 |
| Line 4 & 5 | 22,250.00 |
| Sub-Total | 566,250.00 |
| Less: Line 7 & 10 | 6,250.00 |
| To Item 10, Sheet 22 | 560,000.00 |
Sheet 23