|
The Hume Society
has four accounts with the Agricultural Bank of Iceland, one account
with Premier Bank in Minnesota, and a PayPal account. Activity on each
account is listed separately first, and a summary of all accounts is
then presented, with all currency conversions based on
FXConverter (interbank rate)
exchange rates of December 31, 2007 (FXConverter
at oanda.com)
|
US Dollar
Account (ABI) |
|
Balance Carried
Forward |
|
$23,324.98
|
|
Credits |
|
|
|
Dues Payments |
$982.96
|
|
|
Interest |
$1,067.80 |
|
|
Total Income |
$2,050.76 |
$2,050.76 |
|
Debits |
|
|
|
Hume
Studies (regular support) |
Paid
in 2008 |
|
|
Taxes
(Iceland) |
-$85.62 |
|
|
Total Expenses |
-$85.62 |
-$85.62 |
|
Closing Balance |
|
$25,290.12 |
|
|
|
|
|
EURO ACCOUNT (ABI) |
|
|
Euros |
Euros |
U.S. Dollars* |
|
Balance Carried
Forward |
5,115.79 |
5,115.79 |
$7,534.79 |
|
Credits |
|
|
|
|
Interest |
117.67 |
|
|
|
Total Income |
|
117.67 |
$173.31 |
|
Total Credits |
|
5,233.46 |
$7,708.10
|
|
Debits |
|
|
|
|
Taxes
(Iceland) |
-11.77 |
-11.77 |
$17.33 |
|
Closing Balance |
|
5,221.69 |
$7,690.77 |
Based on the 12/31/07 exchange rate of 1 Euro = 1.47285 US Dollar 1 US
Dollar (USD) = 0.67896 Euro (EUR)
|
VISA Account (ABI) |
|
|
ISK |
|
U.S. Dollars** |
U.S. Dollars** |
|
Balance Carried
Forward |
699,796.00 |
699,796.00 |
$11,236.00 |
$11,236.00 |
|
Credits |
|
|
|
|
|
Dues |
291,505.00 |
|
$4,680.46 |
|
|
Interest |
39,289.00 |
|
$630.831 |
|
|
Total Income
|
330,794.00 |
330,794.00 |
$5,311.29 |
$5,311.29 |
|
|
|
|
|
|
|
Debits |
|
|
|
|
|
Service
charges |
-475.00 |
|
-$7.63 |
|
|
Taxes
(Iceland) |
-3,928.00 |
|
-$63.07 |
|
|
Total Expenses |
-4,403.00 |
-4,403.00 |
-$70.70 |
-$70.70 |
|
Closing Balance |
|
1,026,187.00 |
|
16,476.59 |
Based on the 12/31/07 exchange rate of 1 Iceland Krona = 0.01606 US
Dollar, 1 US Dollar (USD) = 62.28133 Iceland Krona (ISK)
|
Mastercard
Account (ABI) |
|
Balance Carried
Forward |
307,527.00 |
307,527.00 |
$4,937.71 |
$4,937.71 |
|
Credits |
|
|
|
|
|
Dues |
112,996.00
|
|
$1,814.20 |
|
|
Interest |
43,173.00
|
|
$693.19
|
|
|
Total Credits |
156,169.00 |
156,169.00 |
$2,507.39 |
$2,507.39 |
|
Debits |
|
|
|
|
|
Taxes
(Iceland) |
-4,317.00 |
|
-$69.31 |
|
|
Total expenses |
|
-4,317.00 |
|
-$69.31 |
|
Closing Balance |
|
459,379.00 |
|
$7,375.79
|
Based on the 12/31/07 exchange rate of 1 Iceland Krona = 0.01606 US
Dollar, 1 US Dollar (USD) = 62.28133 Iceland Krona (ISK)
|
Premier Bank (Northfield, Minnesota) Checking Account |
|
Opening Balance |
|
$2,187.53 |
|
Credits |
|
|
|
transfer from
paypal |
$1,000.00 |
|
|
Total Income
|
|
$1,000.00 |
|
Total Credits |
|
$3,187.53 |
|
Debits |
|
|
|
Graduate
Student Travel Stipends |
-1,000.00 |
|
|
Gifts for
Conference Organizers |
|
|
|
MyHosting fees
for website |
-299.40 |
|
|
Total Debits |
-1,299.40 |
-$1,299.40 |
|
Closing Balance |
|
$1,888.13 |
|
|
|
PayPal Account |
|
Opening Balance |
$182.91 |
$182.91 |
|
Credits |
|
|
|
Dues |
$2,155.00 |
|
|
Merchandise |
$110.00
|
|
|
Total Credits |
$2,265.00 |
$2,265.00 |
|
Debits |
|
|
|
Transfers to
Premier Bank |
-$1,000.00 |
|
|
Fees |
-83.38 |
|
|
Total Debits |
-$1,083.38 |
-$1,083.38 |
|
Ending Balance |
|
$1,364.53 |
|
|
|
All
Accounts Summary |
|
Opening Balances
(Sum of all accounts) |
|
$49,403.92
|
|
Credits |
|
|
|
Dues |
$9,632.62
|
|
|
Sale of
Merchandise |
$110.00
|
|
|
Interest |
$2,565.13
|
|
|
