2004Income $18,483.66Ending $6,138.29
2005Income $29,130.37Ending $6,525.65
2006Income $28,110.00Ending $1,819.02
2007Income $62,608.73Ending $2,079.15
2008Income $53,844.29Ending $8,338.35
2009Income $62,482.96Ending $391.36
2010 AIncome $8,500.00Ending $1,254.09
Scale
Annual recorded income grew from $18,483.66 in 2004 to more than $62,000 in both 2007 and 2009.
The ledger reflects an organization that expanded far beyond basic registration-fee operations.
Cash Accounting Context
The workbook is a cash ledger, not an accrual income statement. Loan proceeds increase cash receipts,
principal payments reduce cash, and durable assets can create value beyond the year purchased.