Month DEC JAN FEB MAR APR

Sales 80,000 70,000 √ 95,000√ 40,000√ 70,000

Cash received

30% - Cash 24000√ 21000√ 28500√ 12000√ 21000

65% 52000√ 45500√ 61750√ 26000

Dividend 3000√

Total collection (C) 24000 73000√ 74000√ 76750√ 47000

Expenditure

Purchase 70% 49000√ 66500√ 28000√ 49000√

Pmt of purchase 49000√ 66500√ 28000√

Operation 10% 7000√ 9500√ 4000√

rent 1300√ 1300√ 1300√

salary 2000√ 2000√ 2000√

Tax deposit 1500√

Total expenditure (E) 60800√ 79300√ 35300√

(C-E) 12200√ -5300√ 41450√

Beginning Bal 7000√ 19200√ 13900√

Ending Bal 7000√ 19200√ 13900√ 55350√

Min cash bal 3000√ 3000√ 3000√

Cumlative surplus
16200√ 10900√ 52350√
(deficit)