Question $3$

You must answer the below question on a piece of paper and then UPLOAD a picture of that piece of paper. You must show cash

end balances of each month. Assume that the statements discussing months are written in chronological order.

Period: January $2024-$ December $2024$

Your monthly income which you are paid on the first of every month is $500$

Your expenses which you pay on the $6$th of every month are $350$

In February you paid for some repairs to your store that cost you $1,200$

In March your expenses doubled but your income stayed the same

In April you pre$-$paid $200$ for an expense which was supposed to take place in October

In may you increased revenue $3x$ without increasing expenses

in July you prepaid monthly reoccurring expenses for july, August, September

In September you bought a new machine which costed you $1500$ and you will pay for it in equal instalments for the next three

months

In December you get a new contract of $1,000$ which will be paid up$-$front on january $3$rd