Greetings FOAMies!
In November we had 7 membership payments for a total of 198.27 and a transfer from the Paypal account of 4,919.28 for FOAMCup entries for total credits of 5117.55. Two Paypal debits of 264.00 and 646.24 to reimburse a club member for FOAMCup expenses and two checks for 646.24 and 522.96 for total debits of 2079.44. The two checks were also to reimburse a club member for FOAMcup expenses. Receipts for all expenses are stored on the website. As some of the FOAM cup expenses were incurred in October and some in December, we will provide a complete accounting of FOAMCup revenue and expenses next month.
I don’t report on the Paypal account every month, as typically there are no transactions outside of FOAMCup revenues and expenses. However, next month I will provide a complete accounting of the Paypal debits and credits for the months with transactions.
To summarize, our beginning bank balance was 4336.88. We had credits of 5117.55 and debits of 2079.44. The ending balance was 7374.99.
There is no meeting this week. See you at the holiday party!
Tim