Pennridge Greenjackets Midget Football Association

“Expenses taxes 750 telephone 125 office supplies 345 misc expense 705 printing and reproduction 290 trash removal 52 website 978 interest 2,630 insurance 9,209 bank fees 1,499 banquet exp - greenjacke 1,034 cheerleading - supplies 1,263 cheerleading -uniforms 400 field maint and repairs 2,009 concession supplies 3,762 football jerseys/letterin 11,244 helmet recertification 10,493 misc football exp 1,413 league fees 16,147 maintenance and repair 1,089 official/refs exp 4,212 cheerleading - competitio 1,253 registration refunds 633 non-investment depreciation 6,093 total 77,628”

“Adjustment to prior year retained earnings -1,827 loan payment was incorrectly recorded as an expense rather than breaking out the interest and principal and recording the interest expense. Adjusting entry resulted in a decrease in the retained earnings account of 1,827 from the previous year balance.”

“Parking lot, field paint, bleachers 20,330 20,330 less accumulated depreciation 11,263 12,747 total 9,067 7,583”

“Accounts payable and accrued expenses 1,927 913 unsecured notes and loans payable 56,812 48,468”

“To promote an sponsor a youth program of competitive age and weight group football and cheerleading combined with the teaching, training and supervision of the ideals of good moral character.”