I ran the Transaction Ledger for the year. During the year
we had 5 members withdraw. On the last page of the
Transaction Ledger, I understand the (Gain)/loss in the
Member column of each of the five members.
What I don't understand is the last two lines, Member
withdrawal allocations, and Member year-end allocations.
Where do these figures come from and how are they
calculated?
Do these last two columns refer only to the five withdrawn
members of the total membership?
These questions were asked of me by the audit committee and
I can't answer them.
Thank you for your help.
Roy Schnell
CIAC Partnership