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Record the sum in the Total Buy-Ins column. Do not include the entry fee in this calculation. GG. PSJ PRIZE FUND ACCRUAL RECORD GC2-317 same PSJ fund. See instructions or Entry Fees shall not exceed 100 per entrant. Record Total Tournament Entry Fees on Card Tournament Summary GC2-301 PSJ Funds PSJ Prize Payouts 3 Balance of PSJ 2 PSJ Drop minus PSJ Admin. Fee---retrieved from Daily Card Room Record GC2-313 Class F or Reconciliation of Drop/Deposit GC2-269 HBCR 3 Retrieved from PSJ Winners...
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01
Gather all necessary information such as date, time, table number, and game type before starting.
02
Record the beginning balance for each game and table.
03
Note down all cash buy-ins and sell-outs for players.
04
Record all credit transactions, including loans and repayments.
05
Document any tips received by dealers or staff.
06
Record the outcome of each game, including wins and losses.
07
Note down any jackpot or progressive payouts.
08
Calculate the ending balance for each game and table.
09
Ensure all records reconcile with the cash on hand.
10
Prepare a summary report of all the recorded transactions.

Who needs house-banked card room records?

01
House-banked card rooms, such as casinos and gambling establishments, need to maintain house-banked card room records.
02
Regulatory authorities and government agencies may require access to these records for auditing and compliance purposes.
03
Financial departments within the organization use these records for financial planning, budgeting, and analysis.
04
Internal and external auditors rely on these records to ensure proper financial controls and integrity of the business.
05
Owners and managers use these records for performance evaluation, identifying revenue streams, and making informed business decisions.
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House-banked card room records are documents that track the financial transactions and activities of a card room that operates as the house or the banker in card games.
The card room operator or owner is required to file house-banked card room records.
House-banked card room records must be filled out by detailing all the transactions, including bets, winnings, losses, and any other financial activities of the card room.
The purpose of house-banked card room records is to maintain accurate financial records and ensure compliance with regulations.
Information such as bets placed, winnings, losses, payouts, and any other financial transactions must be reported on house-banked card room records.
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