INSTRUCTIONS: ARIZONA FINANCIAL REPORT FOR BINGO LICENSE CLASS "B" OR CLASS "C" (Form 71-1001)

During the process of applying for a bingo "B" or "C" class license in Arizona, a financial report must be filed. This document, form 71-1001, can be obtained from the website of the Arizona Department of Revenue.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 1: Enter the beginning and ending dates of your reporting period.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 2: Enter the licensee's name and address, license number, the number of occasions, the number of patrons and the phone number including the area code. Indicate the license classification with a check mark.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 3: Lines 1 through 10 concern gross receipts. Enter admissions charges and card sales on line 1, special bonus game sales on line 2, sales of bingo supplies on line 3, interest from checking or savings accounts on line 4, and cash over on line 5.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 4: Document NSF checks on line 6.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 5: Enter the sum of lines 1, 2, 3, 4, 5 and 6D on line 7.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 6: Skip to the second page and complete lines 16 through 18, which concern expenditures.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 7: Transfer the value from line 18 on the second page to line 8 on the first page.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 8: Subtract line 8 from line 7 and enter the resulting difference on line 9.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 9: Complete Schedule I on the fourth page, then transfer the value from line 33 there to line 10 on the first page.

Arizona Financial Report For Bingo License Class "B" Or Class "C" 71-1001 Step 10: Subtract line 10 from line 9. Enter the resulting difference on line 11. Complete the remainder of the form as instructed.