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HAWAII STATE ASSOCIATION OF COUNTIES, INC. <br /> Statement of asset, liability and fund balance <br /> arising from cash transactions <br /> June 30, 1996 <br /> Asset -cash $ 42,354 <br /> <br /> Liability -advances $ 1,000 <br /> <br /> Fund Balance 41,354 <br /> $ 42,354 <br /> The accompanying notes are an integral pan of the financial statements. <br /> 2 <br /> <br />