| Cash |
$
2,031.83 |
|
|
Prepaid 10 Single memberships: |
$
66.69 |
| Cash, designated gift |
$ 150.00 |
|
|
Prepaid 11 Single memberships: |
$ -
|
|
|
|
|
Prepaid 12 Single memberships: |
$ -
|
|
|
|
|
Prepaid 10 Family memberships: |
$ 23.34 |
|
|
|
|
Prepaid 11 Family memberships: |
$ -
|
|
|
|
|
Prepaid 12 Family memberships: |
$ -
|
|
|
|
|
|
|
| Total Assets |
$ 2,181.83 |
|
|
Total Liabilities |
$ 90.03 |
|
|
|
|
|
|
|
|
|
|
Net Worth |
$ 2,091.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit &
Loss |
|
|
Reconcilement of Net Worth |
|
| Single Memberships: |
|
$ 66.69 |
|
Net Worth 12-31-09 |
$ 2,579.48 |
| Family Memberships: |
|
$ 23.34 |
|
Year to date profit |
$ (307.62) |
| Timer Rent |
|
$ -
|
|
Ending Networth |
$ 2,271.86 |
| Merchandise Sales |
|
$ -
|
|
|
|
| Gifts we Give |
|
$ -
|
|
|
|
| Newsletter:Photocopy |
|
$ -
|
|
|
|
| Newsletter:Postage |
|
$ -
|
|
|
|
| Insurance |
|
$ -
|
|
|
|
| Equipment Purchases |
|
$ -
|
|
|
|
| LAB Membership |
|
$ -
|
|
|
|
| P.O. Box Rent |
|
$ -
|
|
|
|
| Office Supplies |
|
$ -
|
|
RECONCILEMENT OF CASH |
|
| Spaghetti Feed |
|
$ -
|
|
Beginning Cash as of 12-31-09 |
$ 2,579.48 |
| Business Meeting |
|
$ -
|
|
Year to Date Net Profit |
$ (307.62) |
| Prizes/Trophies |
|
$ -
|
|
Non cash expenses: depreciation |
$ -
|
| Time Trial Pizza |
|
$ -
|
|
Prior prepaids for '10 single |
$ (66.69) |
| BBQ Ride |
|
$ -
|
|
Prior prepaids for '11 family |
$ (23.34) |
| Post I Made the Grade |
|
$ -
|
|
Cash collected in '10 as single prepaids |
$ -
|
| Gifts |
|
$ -
|
|
Cash collected in '10 as family prepaids |
$ -
|
| Depreciation |
|
|
|
1/21/2010 |
$ 2,181.83 |
| Bike Month |
|
$ -
|
|
|
|
| Internet Site |
|
$ (119.40) |
|
|
|
|
|
|
|
|
|
| Devil's Slide Income |
$ - |
|
|
Out of Balance by: |
$ -
|
| Devil's Slide Expenses |
$ 278.25 |
$ (278.25) |
|
|
|
| Devil's Slide Donation |
|
|
|
|
|
| Winchester Income |
$ - |
|
|
|
|
| Winchester Expenses |
$ - |
$ -
|
|
|
|
| Joseph shirt Income |
$ - |
$ -
|
|
|
|
| Joseph shirt Expenses |
$ - |
|
|
|
|
| Jersey Income |
$ - |
|
|
|
|
| Jersey Expenses |
$ - |
$ -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
|
$ (307.62) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Twin Rivers
Cyclists keeps its books on a Cash Basis modified to account for pre-paid
memberships. |
| As much as
possible expenses are paid in the year in which they benefit the club in
keeping with Cash |
| Accounting rules. |
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