Particulars Amount

Net Cash Flow from operating activities

Revenue 108600
Purchases -8230
Rent -3000
Salary -34560
Servicing Cost -23400
Utilities -1700
Miscellaneous Expenses -6600
31110
Investment activities (equipment payment) -2490
Financing (Drawings) -4500
Changes in cash flow 24120
Opening cash 2800
Closing cash 26920
 Waltham Oil & Lube Centre, Inc.
Balance sheet as on…
Liabilities 1-May 31-Jul Assets 1-May 31-Jul
Equity 50000 45500 Deposit 2850 2850
Reserves and Surplus 18870 Equipment 75000 71250
Furniture 6000 5850
Due to National 49800 47310 Inventory 10450 5290 5160
Outstanding Salary 2100 Cash 2800 26920
Outstanding Utilities 350 Prepaid Insurance 1200 900
Prepaid Rent 1500 0
Accounts Receivable 1070

99800 114130 99800 114130

 Cash
Capital 40000
Additional Capital 10000
Furniture -6000
Deposit -40000
Prepaid Insurance -1200
Balance as on 01 May 2800
Revenue 108600
Purchases -8230
Rent -3000
Salary -34560
Servicing Cost -23400
Utilities -1700
Miscellaneous Expenses -6600
Payment for Equipment -2490
Drawings -4500

26920
 Profit & Loss Statement for the period ended 31st July
Particulars Amount
Revenue 109670
COGS -13390
Gross Profit 96280
Lease Rental Payment -27900
Salary -36660
Utilities -2050
Insurance -300
Miscellaneous Expenses -6600
EBITDA 22770
Depreciation -3900
EBIT 18870