Audit of the House of Representatives Beauty Shop for the Calendar Year 1979

GAO audited the financial transactions of the House Beauty Shop for the calendar year 1979. The House Beauty Shop provides a convenient beauty facility for congresswomen, wives of congressmen, congressional employees, and the general public. The shop was placed under the jurisdiction of the Committee on House Administration, with direct oversight to be exercised by the Subcommittee on Services. The House Beauty Shop realized net income of $9,204 for l979. This income, as established by GAO annual audit after restoring any impairment of capital and providing for replacement of equipment, is transferred to the general fund of the U.S. Treasury. The net income to be transferred is $2,624.64. GAO prepared the financial statements for the House Beauty Shop from the accounting records furnished them. The records were adjusted from a cash basis to an accrual basis. The statements do not include the costs of certain benefits and services, such as space, utilities, and ordinary building repairs and maintenance, which are paid from appropriated funds and not charged to the Revolving Fund.