The accounting firm of Doughty, Doughty, & Doughty* has just released the latest Doughty 500 financial statement:
August 2007--Income from the 2007 auction $1017
August 2007--Expenses for operating web site for one year $200
August 2007--Expense for design of label for water bottles $70
December 2007--Interest income for 2007 $12.68
August 2008--Interest income for 2008** $14.13
August 2008--Income from 2008 auction $410***
August 2008--Expense for cost of banners $199.70
Income $1453.81
Expenses $469.70
Balance $984.11
* Who would trust any firm run by three guys with the same last name?
** As of July 31st, 2008.
*** Sales reported at the time of the auction were $435, but only $410 was actually received.
August 2007--Income from the 2007 auction $1017
August 2007--Expenses for operating web site for one year $200
August 2007--Expense for design of label for water bottles $70
December 2007--Interest income for 2007 $12.68
August 2008--Interest income for 2008** $14.13
August 2008--Income from 2008 auction $410***
August 2008--Expense for cost of banners $199.70
Income $1453.81
Expenses $469.70
Balance $984.11
* Who would trust any firm run by three guys with the same last name?
** As of July 31st, 2008.
*** Sales reported at the time of the auction were $435, but only $410 was actually received.
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