Ace Sporting Goods Partial Cash Flow Statement Jan Feb

Ace Sporting Goods

Partial Cash Flow Statement

Jan Feb

BEGINNING CASH BALANCE 20,000 58,606

CASH RECEIPTS

A. Sales/Revenues 4,000 2,000

B. Receivables 0 0

C. Interest Income 100 120

D. Sale of Long-Term Assets 0 0

TOTAL CASH AVAILABLE 24,100 60,726

CASH PAYMENTS

A. Cost of appurtenances to be sold

1. Purchases 0 30,000

2. Material 0 0

3. Labor 5,000 400

Total Cost of Appurtenances 5,000 30,400

B. Variable Expenses (Selling)

1. Advertising 300

2. Freight 120

3. Fulfillment of Orders 0

4. Packaging Costs 270

5. Sales/Salaries 0

6. Travel 285

7. Miscellaneous Selling Expense 165

Total Variable Expenses 1,140

C. Fixed Expenses (Administrative) CONTINUE

1. Financial Admin 80 as in

2. Insurance 125 JANUARY

3. License/Permits 200

4. Office Salaries 500

5. Rent Expenses 110

6. Utilities 200

7. Miscellaneous Administrative Expense 0

Total Fixed Expenses 1,215

D. Interest Expense 0

E. Federal Income Tax 0

F. Other Uses 0

G. Long-Term Asset Payments 1,139

H. Loan Payments 0

I. Owner Draws 2,000

TOTAL CASH PAID OUT 10,494

CASH BALANCE/DEFICIENCY 13,606

LOANS TO BE RECEIVED 40,000

EQUITY DEPOSITS 5,000

ENDING CASH BALANCE 58,606