Month 1 Month 2 Month 3 OPENING BALANCE $10,000 Cash Incoming Sales Asset sales Debtor receipts Other income $364,581 $453,772 $353,812 $15,875 $43,900 $24,896 $28,756 $31,745 $7,000 $5,863 $1,200 Cash outgoing Purchases (Stock etc.) $78,921 $109,835 $128,456 Accountant fees $7,500 $7,500 $7,500 Solicitor fees $3,800 $3,800 $10,900 Advertising & marketing $10,750 $10,750 $10,750 Bank fees & charges $750 $750 $750 Interest paid $2,300 $2,299 $2,298 Credit card fees $770 $798 $850 Utilities (electricity, gas, water) $28,963 $29,058 $30,501 Telephone $3,784 $4,732 $3,926 Lease/loan payments $5,086 $5,086 $5,086 Rent & rates $5,001 $7,250 $5,890 Motor vehicle expenses $2,976 $4,879 $2,759 Repairs & maintenance $5,908 $3,578 $7,956 Stationery & printing $935 $1,200 $878 Membership & affiliation fees $121 $121 $121 Licensing $875 $900 $986 Insurance $4,835 $4,835 $4,835 Superannuation $15,728 $16,971 $16,624 Income tax $26,990 $25,765 $20,995 Wages (including PAYG) $120,980 $130,543 $127,875