Whle looking over Ivo's final report, I discovered an
error in recording the Rooms-Comped-by-the-Hotel that
required a change in some of the numbers.
First, expenses were overstated by $804.06, which made net
revenues appear understated by the same amount.
However, in investigating this error, Ivo reported that the
Auction revenue amount included the raffle and some other
amounts such that it overstated auction sales by about
$700.
After those changes, the net effect is that Ivo now reports
the following:
Total Expenses (20,066.55)
Total Revenues $24,113.00
Total Net $4,046.46
Amount to GWAPA $2,023.23
Amount to AGA $2,023.23
This amounts to an additional $26.03 due each club compared
to the previously reported amount.
I can send a revised version of Ivo's finance sheet if
anyone wants it but I'm making up my own and, of course, I
suggest you wait (maybe a day) for that one.
sh
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