MiSTAH Siegnificance Meetup - Feb. 12, 2018 Accounting

All SBDs earned from this post will be used for Steemit Promotional Activities

Feb. 12, 2018 was yet another night with my siegnificant others. The venue was at Krazy Garlik, Glorietta 5, Makati. I arrived at the venue past 6:30PM.

There were 8 of us as what can be seen in the picture above. From Left to Right: @jeandesss @colettemaria @foxniner @joshruiz @reyleedwalo @eastmael @imayang @isaganicabrales.

One thing I remember during that meeting was about direction. What is our direction and where do we want to go? With God's help, that was what our life coach Siegfried Francisco did. He reminded us why we were doing this and for what we were doing it for.

Also, during that meeting, I was assigned to be the treasurer and accountant for all of our funds. We were able to collect 15 SBDs from our posts (from coach @joshruiz's post here):

https://steemit.com/siegnificance/@foxniner/sharing-siegnificance-start-a-cause-without-a-cost (1 SBD)
https://steemit.com/promo-steem/@joshruiz/steemit-meet-up-start-a-cause-without-a-cost (5 SBDs)
https://steemit.com/promo-steem/@eastmael/steemit-ultimate-challenge-8-weeks-a-night-with-my-siegnificant-others (5 SBDs)
https://steemit.com/promo-steem/@isaganicabrales/a-night-with-siegnificance (4 SBDs)

I'm not an accountant so bear with me on how I do this. The funds were traded thru @bittrex but I plan to use @blocktrades for our succeeding transaction to convert SBD to BTC. Then coins.ph from BTC to Php.

1. First Transaction (10 SBDs) - Cost/Proceeds: 0.00557743 BTC

2. Second Transaction (5SBDs) - Cost/Proceeds: 0.002798986 BTC

My mistake was that I added some SBDs of my own to save on the transaction fee.

• 0.01399493 / 25 SBDs = 0.0005597972 BTC per SBD
• 0.0005597972 x 5SBDs = 0.002798986 BTC

3. Total Funds: 0.002798986 BTC + 0.00557743 BTC = 0.008376416 BTC

Converted to Php: Php 3,654.15

4. Less the expenses: Php 1,366.84

• Total Expenses:
  • Meal: Php 1,266.84
  • Tip: Php 100.00

5. Remaining Funds: Php 2,287.31

Php 3,654.15 - 1,366.84 = Php 2,287.31

Thanks be to God and to God be the glory!