Griever/accounting/summary
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--Totals-- | 1997 .. 1998 .. 1999 .. 2000 .. 2001 .. 2002 .. 2003 .. Benz .. Storage .. 2004 .. 2005
Nick Notes
- The final total does not include monies spent on merchandise; if the merchandise is not returned in full, then a figure will have to be calculated for that as well and added to the total.
- Interest is 7.00%, compounded annually. Interest for each year is calculated from the previous year's ending balance. The ending balance for the year is the previous year's balance plus interest plus new activity.
- For the sake of accounting simplicity, the Benz expenses are being counted as if they were incurred in 2004, although most of the activity was in 2002.
Data
Year or Item | Previous Balance | Interest | New Activity | Ending Balance |
1999 | $0.-- | $0.-- | -$1,933.39 | -$1,933.39 |
2000 | -$1,933.39 | -$135.34 | -$2,707.01 | -$4,775.74 |
2001 | -$4,775.74 | -$334.30 | -$2,026.96 | -$7,137.00 |
2002 | -$7,137.-- | -$499.59 | -$2,378.18 | -$10,014.77 |
2003 Storage Loss | -$10,014.77 | -$1,438.00 | -$11,452.77 | |
2003 | -$11,452.77 | -$801.69 | -$591.47 | -$12,845.94 |
Benz Rental | -$12,845.94 | -$13,321.04 | -$26,166.98 | |
2004 | -$26,166.98 | -$1,831.69 | -$2,995.00 | -$30,993.66 |
2005 | -$30,993.66 | -$2,169.56 | -$5,922.35 | -$39,085.57 |
2006 | -$39,085.57 | n/a | -$39,085.57 |