Ace Sporting Goods Sources of Cash Worksheet

Ace Sporting Goods

Sources of Cash Worksheet

(Cash Flowing Into the Business)

Time Period Covered: January 1, 2007 to December 31, 2007

1. CASH ON HAND $ _______20,000__

2. SALES (REVENUES)

Product Sales Income* _______90,000__

* Most of the sales acquirement will not be accustomed until Nov. or Dec.

Service Income ________22,000__

Deposits on Sales or Services ____ ________0__

Collections on Accounts Receivable _________3,000__

3. MISCELLANEOUS INCOME

Interest Income _________1,000__

Payments to be Accustomed on Loans ____ ________0__

4. SALE OF LONG-TERM ASSETS ___ ________0__

5. LIABILITIES

Loan Funds (Banks, Lending Inst., SBA, etc.) ________40,000__

6. EQUITY

Owner Investments (Sole Prop. or Partnership) _______10,000__

Contributed Capital (Corporation) _______________

Sale of Stock (Corporation) _______________

Venture Capital _______35,000__

A. Without artefact sales = $ 131,000

TOTAL CASH AVAILABLE

B. Wit h produc t sales = $ 221,000