Friday, August 22, 2008

MiB Accounts

From SK (For those who don't check your emails)

Greetings Agents,

I am pleased to provide you the full accounts for the MIB Fund WY2007-08.

Please go through this final spreadsheet attached together with this report.

There are four spreadsheets namely 'Balance Sheet', 'Statement of Accounts', 'Income Contributions' and 'Financial Expenditure'.

Here is a quick glance of our financial status at the end of WY2007-2008.

GRAND TOTAL TO COLLECT = $2,887.00

GRAND TOTAL RECEIVED = $2,806.50

HONORARY CONTRIBUTION = $67.00

LIABILITIES PAID OFF = $2,319.84

LIABILITIES PENDING = $ -

ASSETS WITH AGENTS = $80.50

REMAINDER IN ACCOUNT = $553.66

TOTAL MIB ASSERTS = $634.16

As of today the accounts for MIB Fund WY2007-08 will be officially closed on this note:

MIB FUND in a very good financial state without any outstanding due or liabilities.

MIB FUND has cash reserves of $634.16 at the end of WY2007-08

Agent Munshi bin Abdolah’s account with MIB Fund has been brought to a close as of the

WY2007-2008 with an outstanding due of $79.00. This amount will be written off as per higher orders

Agent Dinesh has evaded $67.00 worth of obligated fund.

Agent Maran has dues amounting to $15.50.

All the above mentioned amount due will be brought forward to WY2008-09

The accounts generated for WY2007-08 will be verified by nominated personnel.

Please do note that this report reflects the transactions occurring during the period of Apr 07 – Mar 08 only.

The current report featuring WY2008-09 is in progress. It will be available to you once it is ready.

Meanwhile if you are interested to know how much you currently owe MIB FUND here is the list.

Transfer to my account POSB 033-12662-0. (Senthil's)

AGENT
OWE
Dinesh
$ 67.00
Harpreet
$ 16.00
Rizvi
$ 16.00
Pirakash
$ 14.00
Rooban
$ 8.00
Satheeish
$ 24.00
Maran
$ 39.50

Lastly the nominal MIB Fund contribution of $10 monthly will commence in September 08 (the first for this work year) so prepare your cash.
I believe this long absence has eased our financial burden. Some of us may have felt incomplete without it but just as promised its back!!

Regards
~SK~

On behalf of MiB, I would like to thank SK for a great job done with the accounts. Guys who still owe their amounts please settle ASAP. With 95% of MiB working I don't see why there should be any problems. And Din, you better not elope to Hong Kong we will find you wherever you are. Owe money pay money!

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