|Months in a year||12|
|Months in a quarter (budget period)||3|
|Cash collection –|
|Month of sale||60%|
|Month following sale||40%|
|Average nightly revenue|
|General (Telephone, Supplies, Stationery, ISP etc))|
|Insurance premium 12 months (paid 1 June 2017)|
|BALANCE SHEET ITEMS|
|Cash at Bank as at 1 October 2017|
|Accounts Payable Utilities 1 October 2017|
|Furniture & Fittings|
|Straight line method is used for all non-current assets|
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