[MathSoc Council] Budget Meeting Room = M3 3127

Sean Hunt scshunt at csclub.uwaterloo.ca
Tue Oct 1 22:00:48 EDT 2013


On Oct 1, 2013 9:48 PM, "Matthew Kit Wing Cheung" <matthewkwcheung at gmail.com>
wrote:
>
> Hello Council,
>
> Attached is the MathSoc Budget for the Fall 2013 term that we will be
going over during tomorrow's budget meeting.
>
> Total Revenue is $66,000
> Total Expenses is $83,000
> Net Loss is $17,000
>
> Please note that $5,000 of the loss is an amortization expense so our net
cash loss is $13,000.
>
> Thanks,
> Matthew

What are we amortizing and what are our current assets?

Sean
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