May 31 One month's rent on your garage has expired. May 31 You received your cell phone bill for the month. Of the $80, three-quarters (i.e. 75%) was business calls. You will pay it next month. May 31 One month of your insurance policy has expired. May 31 May 31 The bank takes its monthly charge from your account, plus an additional $16 for interest on your loan. One of your May 15 customers held his event today. He will pay you his balance next week. The other customer's party is next weekend. May 31 You pay four-fifths (i.e. 80%) of the balance owing on your business credit card. You will pay the rest next month.