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 account if the licensed authorized organization is required under § 23-114-501 to maintain such an account:
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(1) Advertising, including the cost of printing bingo and raffle gift certificates;
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(2) Repairs to premises and equipment;
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(3) Bingo and raffle supplies and equipment;
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(4) Prizes;
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(5) Stated rental or mortgage and insurance expenses;
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(6) Bookkeeping or accounting services; and
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(7) License fees.