Financial Statement Church - Excel by kqy19267

VIEWS: 0 PAGES: 6

More Info
									                                                                                                                                 JERSEY BAPTIST CHURCH
                                                                                                                                   FINANCIAL STATEMENT
                                                                                                                           For the Month Ending February 28, 2009

                                                                                                                                                          SECTION I - ACCOUNT BALANCES
                                                                                                                                                                       Chase                                                Raymond
                                                                                                        National City   National City    Chase         Chase                       Total Bank     Cash on       Café
                                                                                                                                                                    Investment /                                             James       Total
                                                                                                         Checking         Savings       Checking      Savings                      Accounts        Hand       Inventory
                                                    Current Assets                                                                                                      CD                                                 Investment
                                                    Annual Percentage Yield                                  0.0007%           4.00%        0.00%         0.33%           1.75%

                                                  Balance Beginning of Month                                 449,471         255,328          100       100,341        150,697         955,936       5,379        5,604         1,509     968,429
                                                    Receipts                                              315,689.03                                                                   315,689                                      0     315,689
                                                    Cash on Hand                                            1,202.28                                                                     1,202      (1,202)                                     0
                                                    Transfers                                               (497,000)        497,000           38      (100,341)       100,303               0                                                  0
                                                    Change in Inventory                                           94                                                                        94                      (94)                        0
                                                    Interest / Dividends                                     (231.40)          1,287                         18                          1,074                                      0       1,074
                                                    Bank Fees                                                (518.71)                                                                     (519)                                              (519)
                                                    Reconciling Items (Payroll Liabilities)                     (404)                                                                     (404)                                              (404)
                                                    Accounts Payable                                           3,551                                                                     3,551                                              3,551
                                                    Guest House Deposit Returned                                (250)                                                                     (250)                                              (250)
                                                    Expenses                                                (242,372)                                                                 (242,372)                                     0    (242,372)
                                                  Balance End of Month                                        29,231         753,615          138            18        251,000       1,034,002       4,177        5,510         1,509   1,045,199
                                                                                                              29,231         753,615          138            18        251,000       1,034,002       4,177        5,510         1,509   1,045,199


                                                                                                        Receipts this   Receipts year Budget Goal      YTD
                                                                                                           month           to Date      to Date     Over/Under
                                                    Number of Weeks                                                 4              25          25

                                                    UNDESIGNATED RECEIPTS                                    224,784       1,494,895    1,586,538       (91,643)

                                                    Average Weekly Rate                                       56,196          59,796       63,462        (3,666)

                                                                                                        Receipts this   Receipts year
                                                    DESIGNATED RECEIPTS                                    month           to Date
                                                    Acct. 4901.01 Lottie Moon                                  2,900           40,192
                                                    Acct. 4901.02 Annie Armstrong                                813            4,595
                                                    Acct. 4901.03 Ray Roberts State Missions Offering               2           2,669
                                                    Acct. 4901.07 Homeland Missions                              500            4,460
                                                    Acct. 4901.08 Volunteer Missions                             241            3,195
                                                    Acct. 4901.18 Pac Rim                                        165              165
                                                    Acct. 4901.19 Stowe Center Building                        3,275           16,368
                                                    Acct. 4902.09 Future Mission Trips                           135              135
                                                    Acct. 4902.12 Cambodia Mission Trip                                            58
                                                    Acct. 4903.07 Youth Choice                                                    126
                                                    Acct. 4903.13 Benevolence                                    237           18,863
                                                    Acct. 4903.18 Jersey Media                                   508            1,862
                                                    Acct. 4903.20 North Campus Gym                                                641
                                                    Acct. 4903.21 Primetimers Choice                                            1,073
                                                    Acct. 4905.00 Growing the Vision, Net                      3,083           19,364
                                                    Acct. 4906.07 Home Aid                                                      2,800
                                                    Acct. 4906.15 Ronnie Hill                                                  11,414
                                                    Acct. 4907 - Reserve for Replacement                      57,868           57,868
                                                    Acct. 4911 Memorials                                                           85
                                                    Acct. 4920 Common Grounds Café                             8,971           34,679
                                                    TOTAL DESIGNATED RECEIPTS                                 78,696          220,612

                                                    Acct. 125 Missions Development                               325           6,644
                                                    Acct. 140 International Volunteer Missions                                   866
                                                    Acct. 205 Salaries                                                           725
                                                    Acct. 240 Insurance                                                          500
                                                    Acct. 294 Personnel                                                          200
                                                    Acct. 310 General Music                                      502           1,420
                                                    Acct. 312 Gospel Celebration                                                 823
                                                    Acct. 313 Emerge                                                             530
                                                    Acct. 316 Sign Language                                                       42
                                                    Acct. 380 Preaching                                                          100
                                                    Acct. 410 Bible Fellowship Events                                            451
                                                    Acct. 442 Awana                                              808           5,166
                                                    Acct. 443 Upward Basketball                                               30,046
                                                    Acct. 450 Jersey Student Ministries                        8,682          12,329
                                                    Acct. 460 Adults 18 to 29                                                      8
                                                    Acct. 462 Jersey Prime Timers                                400           3,406
                                                    Acct. 475 Women's Ministries                               1,155           3,687
                                                    Acct. 510 Office Supplies                                                    133
                                                    Acct. 515 Postage                                                             79
                                                    Acct. 530 Stewardship                                                        778
                                                    Acct. 620 Outreach                                            97             677
                                                    Acct. 630 Discipleship Training                              240           1,742
                                                    Acct. 640 Because We Care                                                  4,202
                                                    Acct. 720 Property Insurance                                                 311
                                                    Acct. 730 Property Taxes                                                     906
                                                    Acct. 741 Telephone                                                          674
                                                    Acct. 744 Guest House                                                      1,825
                                                    Acct. 820 Capital                                                            750
                                                    TOTAL SPECIFIC MINISTRY RECEIPTS                          12,209          79,020

                                                    TOTAL ALL RECEIPTS                                       315,689       1,794,527




2/7/2011 6:09 PM 3710f873-1fed-437c-a9eb-ce66bb653d78.xls
                                                                  JERSEY BAPTIST CHURCH
                                                                   FINANCIAL STATEMENT
                                                            For The Month Ending February 28, 2009

                                                                                                     SECTION III - Sweep Account Analysis
                                                                                Beginning                                                            Ending
                                                                                                                                  Interest / Bank
                                                                                 Balance             Receipts      Disbursements   Fees / Other      Balance
Total                                                                                 955,936           316,891         (239,650)             824     1,034,002

Designated Savings
Missions
     Lottie Moon                            4901.01    5901.01                              0             2,900            (2,900)                            0
     Annie Armstrong                        4901.02     5,901                               0               813              (813)                            0
     Ray Roberts                            4901.03    5901.03                              0                 2                (2)                            0
     Homeland Missions                      4901.07    5901.07                          6,957               500               (40)                        7,417
     Volunteer Missions                     4901.08    5901.08                         18,990               241              (100)                       19,131
     Reserve for Mission Development        4901.09    5901.09                         86,447                               1,692                        88,139
     PAC RIM                                4901.18    5901.18                                              165                                             165
     Stowe Center Building                  4901.19    5901.19                              0             3,275            (3,275)                            0
Mission Trips
     Future Mission Trip                    4902.09    5902.09                          2,417               135                                           2,552
Choice Accounts
     Pastor's Choice                        4903.01    5903.01                         16,218                               (517)                        15,701
     Pastor's Choice Capital                4903.02    5903.02                         18,390                                                            18,390
     Music Pastor's Choice                  4903.03    5903.03                            958                                                               958
     Children's Choice                      4903.05    5903.05                            367                                                               367
     Preschool Choice                       4903.06    5903.06                          6,406                                                             6,406
     Youth Choice                           4903.07    5903.07                            303                                                               303
     Young Adult Choice                     4903.10    5903.10                          1,387                                                             1,387
     Benevolence Choice                     4903.13    5903.13                         49,224               237             (483)                        48,978
     Women's Ministry-Choice                4903.16    5903.16                            264                                                               264
     Jersey Media                           4903.18    5903.18                          7,689               508              (24)                         8,172
     Synaxis Choice                         4903.19    5903.19                          3,279                               (160)                         3,119
     North Campus Gym                       4903.20    5903.20                            641                                                               641
     Primetimers Choice                     4903.21    5903.21                          1,073                                                             1,073
Property Acquisition
     Time Share                             4904.03    5904.03                         (1,356)                              (783)                        (2,140)
Growing The Vision
     Growing the Vision                     4905.00    5905.00                         86,816             3,083                                          89,898
Reserves
     Replacement Fund                       4907.00    5907.00                        179,148                               (760)                       178,388
     Roof Relplacement                      4907.00    5907.00                                           57,868                                          57,868
     Reserve for Medical Deductibles        4913.00    5913.00                         18,500                                                            18,500
     Reserve for Background Checks          4915.00    5915.00                            776                                 (33)                          743
Projects
     Signs                                  4908.04    5908.04                         54,077                                                            54,077
     TV Ministry                            4908.09    5908.09                          1,000                                                             1,000
Equipment
     EMERGE Lights                          4909.04    5909.04                          1,000                                                             1,000
     Third Camera in WAC                    4909.06    5909.06                          1,478                                                             1,478
Memorials
     Thorson Memorial                       4911.15    5911.14                          3,818                                                             3,818
Common Grounds Café
     Common Grounds Café                    4920.00    5920.00                          6,950             8,971           (7,000)                         8,921
Total Designated Savings                                                              573,219            78,696          (15,196)                0      636,719

Reserved for Current Liabilities                                                       20,842           (20,842)          23,990                         23,990

Undesignated Savings                                                                  361,876           259,037         (248,443)            824        373,294


                                                                                                SECTION IV - Investment Accounts
                                                                 Beginning                                                                           Ending
                                                                  Balance        Deposits          Withdrawls       Sells/(Buys)     Dividends       Balance
Susan E. Legg Memorial Scholarship Fund                               1,509                                                                      0        1,509




                                                                                                                   SECTION V -
                                                                                                                   MORTGAGE
                                                                                                                      LOANS
Maturity Date                                                                                                        9/1/2012
Obligation Number                                                                                                  005-22-0131-6
Rate                                                                                                                    6%
                                                                                                                   (Fixed Rate)

Balance, Beginning of Month                                                                                            1,952,058

Less: Payments                                                                                                           (24,373)
Plus: Interest Portion                                                                                                    10,086
Balance, End of Month                                                                                                  1,937,770




2/7/2011 6:09 PM 3710f873-1fed-437c-a9eb-ce66bb653d78.xls
                                                                                               JERSEY BAPTIST CHURCH
                                                                                                FINANCIAL STATEMENT
                                                                                                     SECTION VI
                                                                                                DISBURSEMENT DETAIL
                                                                                                    Year 2008/2009




                                                                                                                                                    REMAINING 5%
                                                                                            Designated                                               Reduced MAP    % Reduced
                                                            February                          Income      Designated   Budget Spent   5% Reduced      (INCLUDES     MAP SPENT
                                                            Disbursed      Disbursed YTD     February    Income YTD        YTD           Map        DESIGNATED)        YTD
     5100 · Missions & Benevolence
       5110 · Co-op Progr 11%                                   24,750           164,452                           0       164,452        344,850         180,398        47.7%
       5120 · MCBA 1.5%                                          3,375            22,425                           0        22,425         47,025          24,600        47.7%
       5125 · Missions Devel 1.5%                                3,700            29,070           325         6,644        22,425         47,025          24,600        47.7%
       5140 - Interrnational Volunteer Missions                                    1,944                         866         1,078          2,018             940        53.4%    Penny - Vision for Cambodia Trip
     Total 5100 · Missions & Benevolence                        31,825           217,891           325         7,510       210,381        440,918         230,537        47.7%

     5200 · Personnel
       5205 - Staff Salaries                                    92,256           563,979                         725       563,254      1,150,109         586,855        49.0%
       5240 · Insurance                                         11,881            75,723                         500        75,223        159,046          83,823        47.3%
       5241 · Social Security                                    3,954            24,045                           0        24,045         50,365          26,320        47.7%
       5242 · Annuity/Retirement                                 7,986            48,046                           0        48,046         96,449          48,403        49.8%
       5243 · Auto                                                 744             6,183                           0         6,183         24,250          18,067        25.5%
       5246 · Conf./Cont. Education                                                3,805                           0         3,805         15,675          11,870        24.3%
       5247 · Expense Accounts                                     212             2,160                           0         2,160          4,940           2,780        43.7%
       5248 · Ministry Resources                                   368             2,018                           0         2,018          3,610           1,592        55.9%    Cell Phone Equipment

       5250 · Worker's Compensation                                                2,955                           0         2,955          4,143           1,188        71.3%    Semi Ann. Payment, Rate increase, Group Fee
       5290 - Personnel Committee Expenses                          80             4,675             0           200         4,475         15,542          11,067        28.8%
     Total 5200 · Personnel                                    117,480           733,588             0         1,425       732,163      1,524,129         791,966        48.0%


     5300 · Music & Worship Exp
       5310 - General Music                                         671            4,839           502         1,420         3,419          9,433           6,014        36.2%
       5311 - Jersey Live                                           510            3,008                           0         3,008          8,215           5,207        36.6%
       5312 - Gospel Celebration                                    434            4,412                         823         3,589          4,750           1,162        75.5%    Concerts & Special Fluid, Speakers, Stands,
                                                                                                                                                                                  Cables, Mics, Haze groups
       5313 - Emerge                                             (1,429)           4,935                         530         4,405          5,843           1,438        75.4%    Christmas Eve
       5314 - Synaxis                                               101              979                           0           979          5,564           4,585        17.6%
       5315 - Children's & Youth Music                                             1,000                           0         1,000          1,633             633        61.2%    Children's Christmas Music
       5316 - Holy Hands Signing                                                      40                          42            (2)            42              44        -4.8%
       5330 - Pageants & Musicals                                  796             1,019                           0         1,019         13,300          12,281         7.7%
       5340 - Audio Visual Technology Expense                      535             4,970                           0         4,970          9,485           4,515        52.4%    Chapel Screen
       5355 - Flowers / Decorations / Banners                                        108                           0           108          1,140           1,032         9.4%
       5380 · Worship Enhancements                               1,356             2,663                         100         2,563          7,639           5,076        33.6%
       5385 · Ushers                                                38               515                           0           515          1,092             577        47.2%
     Total 5300 · Music & Worship Exp                            3,013            28,488           502         2,915        25,573         68,136          42,563        37.5%

     5400 · Education Ministries

                                                                                                                                                                                  Refund on Portable Toilet for August Reunion;
        5410 · Churchwide Events                                                    (145)                        451          (596)         4,750           5,346        -12.5%   Returned Scanner purchased in May
        5411 - Family Ministries                                   (75)              803                           0           803          1,425             622         56.4%   Revolutionary parenting simulcast
        5415 - Deacons                                             264               886                           0           886          2,185           1,299         40.5%
        5430 · Little Feet PreSchool Ministries                   (687)            5,533                           0         5,533         19,950          14,417         27.7%
        5440 · Kidz of The Kingdom Ministries                    1,677            13,000                           0        13,000         29,649          16,649         43.8%
        5441 · Vacation Bible School                               190                60                           0            60          6,650           6,590          0.9%   Previous year returns
        5442 - Awana                                               258             6,004           808         5,166           838          7,790           6,952         10.8%
        5443 - Upward Basketball                                 2,982            30,706                      30,046           661          2,200           1,539         30.0%

        5450 · Jersey Student Ministries                         4,057            19,730         8,682        12,329         7,400         21,090          13,690        35.1%
        5460 · Adults 18 to 29                                     293             1,737                           8         1,729          6,650           4,921        26.0%
        5461 · Adults 30 to 54                                     111               947                           0           947          2,422           1,475        39.1%
                                                                                                                                                                                  Income for tickets to concert that were
       5462 · Jersey Prime Timers                                1,742             4,210           400         3,406           804          3,966           3,162        20.3%    purchased last fiscal year.
       5463 - Adult Bible Fellowship Curriculum                    (47)            6,763                           0         6,763         24,049          17,286        28.1%
       5464 - Adult Singles 30+                                                       90                           0            90            380             290        23.6%
       5470 - Men's Ministries                                                       134                           0           134          6,650           6,516         2.0%
       5475 - Women's Ministries                                   582             5,985         1,155         3,687         2,298          8,645           6,347        26.6%
     Total 5400 · Education Ministries                          11,347            96,445        11,045        55,093        41,352        148,451         107,099        27.9%




3710f873-1fed-437c-a9eb-ce66bb653d78.xls 2/7/2011 6:09 PM
                                                                                             JERSEY BAPTIST CHURCH
                                                                                              FINANCIAL STATEMENT
                                                                                                   SECTION VI
                                                                                              DISBURSEMENT DETAIL
                                                                                                  Year 2008/2009




                                                                                                                                                  REMAINING 5%
                                                                                          Designated                                               Reduced MAP     % Reduced
                                                            February                        Income      Designated   Budget Spent   5% Reduced      (INCLUDES      MAP SPENT
                                                            Disbursed    Disbursed YTD     February    Income YTD        YTD           Map        DESIGNATED)         YTD

     5500 · Admin./Support
       5510 · Office Supplies                                      403           6,500                         133         6,367         16,610          10,243         38.3%
                                                                                                                                                                                Annual Contracts Folder Maintenance Personal
       5511 - Office Equipment                                   2,536          17,081                           0        17,081         30,422          13,341         56.1%   Property Taxes
       5512 - Church Council, Professional & Legal Fees             17           1,261                           0         1,261          8,190           6,929         15.4%
       5515 · Postage                                            1,180           6,318                          79         6,240          9,832           3,592         63.5%   The Event Postage $1260
       5520 · External Communications                              342           4,259                           0         4,259         10,954           6,695         38.9%
       5530 · Stewardship                                                        3,157                         778         2,380          5,217           2,837         45.6%   W2 forms, Envelopes
       5545 - IT Expenses                                        1,362           7,152                           0         7,152         13,879           6,727         51.5%
       5570 · Recognitions                                                          50                           0            50            493             443         10.1%
       5575 - Welcome Team                                                         205                           0           205            325             120         63.0%   Luminaries for Christmas Eve
       5580 - Contingencies                                      1,119           3,304                           0         3,304         35,596          32,292          9.3%
       5587 - Internal Communications                               22           5,736                           0         5,736         14,644           8,908         39.2%
     Total 5500 · Admin./Support                                 6,980          55,023             0           989        54,034        146,162          92,128         37.0%

     5600 - Evangelism & Discipleship
       5610 - Benevolence & Counseling .5%                       1,125           7,474                           0         7,474         15,675           8,201         47.7%
       5620 - Outreach                                             769           3,345            97           677         2,668          2,874             206         92.8%   The Event (New Testaments)
       5630 - Discipleship Training                              1,226           4,670           240         1,742         2,928          4,650           1,722         63.0%   Materials for Upcoming Quarter
       5640 - Community Involvement / Servanthood                               12,295                       4,202         8,093          8,093               0        100.0%   The Event
       5650 - Intercessory Prayer Ministry                                           0                           0             0             35              35          0.0%
       5660 - Comfort & Encouragement Ministry                     518           2,115                           0         2,115          3,230           1,115         65.5%   Flowers
     Total 5600 · Evangelism & Discipleship                      3,638          29,900           337         6,621        23,279         34,557          11,278         67.4%

     5700 · Facilities/Operations
       5710 · Debt Service                                      24,373         146,240                           0       146,240        292,500         146,260         50.0%
       5720 · Property Insurance                                                14,842                         311        14,531         29,500          14,969         49.3%   Semi Annual Premiums
       5730 - Property Taxes                                     4,109           4,109                         906         3,203          7,300           4,097         43.9%
       5740 · Utilities                                         16,321         100,529                           0       100,529        211,280         110,751         47.6%
       5741 · Telephone                                          1,801          12,324                         674        11,650         23,000          11,350         50.7%
       5744 - Guest House                                          623           2,792                       1,825           967            877             (90)       110.2%   Winter Gas Bills
       5750 · Grounds / Maintenance / Rentals                    2,473          18,418                           0        18,418         35,259          16,841         52.2%   Heating repairs
       5760 · Custodial Supplies                                   513           3,411                           0         3,411          9,253           5,842         36.9%
       5770 · Transportation                                       536           1,015                           0         1,015          3,854           2,839         26.3%
       5782 · Security                                             108             609                           0           609          1,434             825         42.5%
       5791 - Recreation / Athletics                                                 0                           0             0            475             475          0.0%
     Total 5700 · Facilities/Operations                         50,857         304,289             0         3,716       300,572        614,732         314,160         48.9%

     5800 · Capital Expenditures
       5820 · Equipment / Furnishings                                            3,653                         750         2,903        114,240         111,337          2.5%
       5825 · Computer Hardware/Software                         1,794           2,264                           0         2,264         16,625          14,361         13.6%
                                                                                                                                                                                Accrue to full MAP through Jan. Will reduce for
       5850 · Reserve for Replacement                              240          25,600                           0        25,600         27,050           1,450         94.6%   the rest of the year.
     Total 5800 · Capital Expenditures                           2,034          31,517             0           750        30,767        157,915         127,148         19.5%

     TOTAL (All undesignated accounts)                         227,176        1,497,140       12,209        79,020      1,418,120     3,135,000        1,716,880        45.2%




3710f873-1fed-437c-a9eb-ce66bb653d78.xls 2/7/2011 6:09 PM
                                                                                               JERSEY BAPTIST CHURCH
                                                                                                FINANCIAL STATEMENT
                                                                                                     SECTION VI
                                                                                                DISBURSEMENT DETAIL
                                                                                                    Year 2008/2009




                                                                                                                                                   REMAINING 5%
                                                                                            Designated                                              Reduced MAP   % Reduced
                                                            February                          Income      Designated   Budget Spent   5% Reduced     (INCLUDES    MAP SPENT
                                                            Disbursed      Disbursed YTD     February    Income YTD        YTD           Map       DESIGNATED)       YTD

     5900 · Designated Disbursement
       5901.01 - Lottie Moon                                      2,900           40,192         2,900        40,192
       5901.02 - Annie Armstrong                                    813            4,595           813         4,595
       5901.03 - Ray Roberts                                          2            2,669             2         2,669
       5901.07 - Homeland Missions                                   40              249           500         4,460
       5901.08 - Volunteer Missions                                 100             (953)          241         3,195
       5901.09 - Missions Development Reserve                    (1,692)         (12,526)                          0
       5901.18 - Pac Rim                                                               0           165           165
       5901.19 - Stowe Center Building                           3,275            16,568         3,275        16,368
       5902.09 - Future Mission Trips                                               (375)          135           135
       5902.12 - Cambodia Mission Trip                                               433                          58
       5903.01 - Pastor's Choice                                   517               917                           0
       5903.07 - Youth Choice                                                          0                         126
       5903.10 - Young Adult Choice                                                  157                           0
       5903.13 - Benevolence Choice                                483            10,172           237        18,863
       5903.18 - Jersey Media                                       24             2,160           508         1,862
       5903.19 - Synaxis Choice                                    160               160                           0
       5903.20 - North Campus Gym                                                      0                         641
       5903.21 - Primetimers Choice                                                    0                       1,073
       5904.03 - Time Share                                        783               783                           0
       5905.00 - GTV                                                                   0         3,083        19,364
       5906.07 - Home Aid                                                          2,970                       2,800
       5906.15 - Ronnie Hill                                                      11,414                      11,414
       5907.00 - Reserve for Replacement                           760           (13,350)       57,868        57,868
       5908.04 - Signs                                                               294                           0
       5909.06 - Third Camera in WAC                                                 443                           0
       5911.19 - Dr. Huang Memorial                                                2,535                          85
       5915.00 - Reserve for Background Checks                       33            1,030                           0
       5920.00 - Common Grounds Café                              7,000           32,925         8,971        34,679
     Total 5900 · Designated Disbursement                       15,196           103,463        78,696       220,612

  Total All Disbursements                                      242,372          1,600,603       90,905       299,632




3710f873-1fed-437c-a9eb-ce66bb653d78.xls 2/7/2011 6:09 PM
                                       JERSEY BAPTIST CHURCH
                                        FINANCIAL STATEMENT
                                 For The Period Ended February 28, 2009

                                            Section VII Cash Flow

                                                                    Current
                                                                     Month        Year to Date
Beginning Cash                                                        968,429           862,121
Ending Cash                                                         1,045,199         1,045,199
Total Cash Flow                                                        76,770           183,077

Budget Accounts
   Undesignated Budget Receipts                                       224,784         1,494,895
   Designated Receipts to Budget Accounts                              12,209            79,020
   Budget Account Expenses                                           (227,176)       (1,497,140)
   Impact on Cash Flow                                                  9,817            76,775

Designated Accounts
    Designated Receipts                                                78,696           220,612
    Designated Expenses                                               (15,196)         (103,463)
    Impact on Cash Flow                                                63,500           117,149

Interest & Dividends Earned                                             1,074             7,208

Bank Charges                                                              (519)          (3,177)

Payroll Liabilities
    Beginning Liabilities                                              (5,391)           (5,930)
    Ending Liabilities                                                  4,987             4,987
    Impact on Cash Flow                                                  (404)             (943)

Accounts Payable
    Beginning Accounts Payable                                        15,451             32,687
    Ending Accounts Payable                                           19,002             19,002
    Impact on Cash Flow                                                3,551            (13,685)

Guest House Deposits
   Received
   Returned                                                               (250)            (250)
   Impact on Cash Flow                                                    (250)            (250)

Total Cash Flow                                                       76,770           183,077

								
To top