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North American Tasar Association
2006 Financial Statement


Balance Sheet for year ending March 31 2006
 
ASSETS         2006   2005      
Cash       $
3,723
 $
4,714
      
Royal Bank GIC        
9,000
  
9,000
      
Prepaid Sailing World Advertisment        
799
  
910
      
        $
13,522
 $
14,624
      
LIABILITY & EQUITY
Accounts Payable       $   $        
Members' Equity         13,522   14,624      
        $ 13,522 $ 14,624      
Income Statement for year ending March 31, 2006      
                     
REVENUE         2006   2005      
Membership       $
904
 $
931
      
Interest Earned        
97
  
90
      
        $
1,001
 $
922
      
EXPENSES                    
Newsletter       $
292
 $
332
      
Advertisement        
1,051
  
629
      
Bank Charges        
4
  
35
      
Awards & Trophies        
636
  
-
      
National Dues        
120
  
257
      
        $
2,104
 $
1,253
      
Surplus (Deficit)       $
(1,103)
 $
(331)
      
Equity April 1        
14,624
  
14,955
      
 
Equity March 31       $
13,522
 $
14,624
      

Posted 2006-06-08
 

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