HMGS PSW Financial Info

1994

by Bill Heizer

Income Statement

For Month Ended March 31, 1994

Revenues:

Membership, Dues, Enterence $1,991.00
Newsletter Ads 10.00
Dealer Tables 0.00
Program Ads Revenue 10.00
Raffle 32.00
Donations 4.00
Total revenue $2,047.00

Expenses:

Newsletter $321.47
Convention Expenses 556.54
Fliers 31.39
Miscellaneous Expenses 252.42
Total Expenses 1,161.82

Net Income $885.18

Retained Earnings Statement

For Month Ended March 31, 1994

Retained earnings, January 1, 1994 $1,811.63
Net Income for the year $885.18
Increase in retained earnings 885.18

Retained earnings, February 28,1994 $2,696.81

Balance Sheet For Month Ended March 31, 1994

Assets

Current assets
Cash $2,650.81
Accounts receivable 46.00
Total current assets $2,696.81
Total assets $2,696.81

Liabilities
Current liabilities $0.00
Accounts Payable 0.00
Total liabilities $0.00

Capital
Retained earnings $2,696.81
Total capital 2,696.81

Total liabilities and capital $2,696.81


Back to Table of Contents The Messenger April 1994
Back to The Messenger List of Issues
Back to MagWeb Magazine List
© Copyright 1994 by HMGS/PSW.
This article appears in MagWeb.com (Magazine Web) on the Internet World Wide Web.
Other articles from military history and related magazines are available at http://www.magweb.com