January February March

Sales 100,000 200,000 150,000

Collections
On month of sale (40%) 40,000 80,000 60,000
One month after sale (30%) 24,000 30,000 60,000
Two months after sale (28%) 36,400 22,400 28,000
Sale of Equipment 5,000
Total Receipts 100,400 132,400 153,000

Purchases 100,000 75,000 50,000

Disbursements
Payment 50,000 100,000 75,000
Salaries and Commission (10,000 +2% of sales) 12,000 14,000 13,000
Administrative Expense (Cash only) 15,000 15,000 15,000
Variable Administrative Expense (1.5% of sales) 1,500 3,000 2,250
Purchase of Equipment
Total Disbursements 78,500 132,000 105,250
Increase (Decrease) in Cash 21,900 400 47,750
Cash, Beginning 7,500 39,400 30,000
Cumulative Cash Balance 29,400 39,800 77,750
Less: Target Cash Balance 30,000 30,000 30,000
Excess Cash (Deficit) (600) 9,800 47,750
Loan Availment 10,000 - -
Loan Payment - (9,600) (400)
Interest Payment - (200) (8)
Cumulative Loan 10,000 400 -
Cash, end of the month 39,400 30,000 77,342
April Total
100,000

40,000 220,000
45,000 159,000
56,000 142,800
5,000
141,000 526,800

50,000 275,000
12,000 51,000
14,000 59,000
1,500 8,250
120,000 120,000
197,500 513,250
(56,500) 13,550
77,342 7,500
20,842 21,050
30,000 30,000
(9,158) (8,950)
10,000 20,000
- (10,000)
- (208)
10,000 10,000
30,842 30,842
10400.4191

10400.4191