BAG BIT B

 

 

 

 

 

 

COMPARATIVE STATEMENY OF INCOME AND EXPENDITURES Increase
Year Ended Year Ended or
Income 512-45 5-31-42 © Decrease
University Appropriations B,C25.50 § 6,050.00 $1, 620.50-
Current Dues and Subscriptions 5,793.80 5,891.00 412.50
Advertising 1,382.71 1,573.06 240,.35=
Miscellaneous Receipts -O- 83622 83 .2a—
Alumni Fund 963 .50 771.52 191.98
Interest 277 1d 27794 o8l-
Life Memberships-Transferred from Reserve 22;00 82.00 60.00
40% Current Receipts - Life Memberships 264,00 168.00 96,00
Present Student Organizations * 11.79 11 .79=
Total Income 15,592.14 a 508,53 BS _ 116.598
Expenditures
~ Saaaraes 6.389039 6,405.84 16.45=
Travel Expense 28567 $66.06 84 559—
Office Supplies and Expense 838 .02 940.77 102.75=
Postage, Tclephone and Telegraph 748,28 891.53 143 .30=
Magazine Printing and Supplies 2,675.25 5,252 088 577 «63
Sundry Expense 108.95 277.10 £68.15=
Depreciation on Equipment 115.01 110.49 4.52.
Interest 167.15 202 «30 35e15=
Advertising Commissions 92.29 156.04 63 «75
Repairs to Eq uipment 8.00 5350 25 e00=
Employment Bureau = Salaries & Expense 180.00 994.05 814,.05=
Payroll Tax 59.43 58.46 097
Bad Debts 10.50 1.00 9.50
Reunion Expense 17.49 25.05 42.54
Total Expense 11,671.38 13,644.97 1,973 .59=
Net Operating Gain $1,920,756 $$ 665,56 1257420
EXHIBIT C
RESERVE FUND
Fund Balance =» May 31, 1942 $10,062.82
Additions:
Applied from Annual Life Memberships 263.50
Single Payment Life Memberships - 60% 396.00
; 7 peg lecsae
Less; Transfers to Gener al Fund $22.00
Loss o n Liquidation of Bldg. .
& Loan Shares 511.97 533697
= Balance Hay Bhs 1942 * $10,388.35
peemenee

*Invested in Ue S. Treasury peace: $3357. 91; He ,0.L.C. Bonds, $1, 005. 635 U.86
Savings & War Bonds, $3161.75; Muntéipal Bonds, $1534.55; Savings Account,

$32001e

 

Due from General Fund on Life Membership Installments, $496.50.