The following items of expenses incurred or paid in connection with the conduct of games of bingo or raffles must be paid from a licensed authorized organization’s bingo and raffle checking account if the organization is required under Arkansas Code § 23-114-501 to maintain such an account:

1. (1) Advertising, including the cost of printing bingo and raffle gift certificates;
2. (2) Repairs to premises and equipment;
3. (3) Bingo and raffle supplies and equipment;
4. (4) Prizes;
5. (5) Stated rental or mortgage and insurance expense;
6. (6) Bookkeeping and accounting services; and
7. (7) License fees.