May-June, 2015 financial report

May-June, 2015 financial report

Income

  • $151.23 donations
  • -$13.75 June 13, 2015 tournament (lost money)

Total income: $137.48

Expenses

    • $200 rent
    • $20 other

Total expenses: $220

Net income: $-82.52

Assets

  • $105.88 Bank account
  • $280.85 Petty cash
  • $28.96 Held by executives in trust
  • $147.00 Equipment

Total assets: $562.69

No Liabilities

Equity

Year 1 retained earnings: $645.21
Year to date retained earnings: $-82.52

Total equity (net worth): $562.69
Net worth less equipment: $415.69

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