[MathSoc Council] Budget Meeting Room = M3 3127
Matthew Kit Wing Cheung
matthewkwcheung at gmail.com
Tue Oct 1 22:18:46 EDT 2013
The majority of the amortization comes from:
Coffee and Donut Renovation
Coffee and Donut Furniture
I believe there might be 1-2 other items with amortization expenses that
are very minor (less than $100)
On Tue, Oct 1, 2013 at 10:00 PM, Sean Hunt <scshunt at csclub.uwaterloo.ca>wrote:
> 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?
> Council mailing list
> Council at mathsoc.uwaterloo.ca
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