SCHEDULEOF CASH RECEIPTS AND DISBURSEMENTS
EX-10.2 3 ex10_2.htm EXHIBIT 10.2 ex10_2.htm
Exhibit 10.2
| In re | CHARYS HOLDING COMPANY, INC | Case No. | | 08-10289 (BLS) | ||
| Debtor | Reporting Period: | | June 1 through 30 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be from the debtor’s books and not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH -ACTUAL” column must equal the sum of the four bank account columns. Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON’T)]
| BANK ACCOUNTS | ||||||||||||||||||||
| ACCOUNT TYPE | OPERATING | PAYROLL | TAX | OTHER | CURRENT MONTH ACTUAL (TOTAL OF ALL ACCOUNTS) | |||||||||||||||
| ACCOUNT NUMBER (LAST 4 DIGITS) | 2061 | |||||||||||||||||||
| CASH BEGINNING OF MONTH | $ | 3,880 | $ | - | $ | - | $ | - | $ | 3,880 | ||||||||||
| RECEIPTS | ||||||||||||||||||||
| CASH SALES | - | - | - | - | - | |||||||||||||||
| ACCOUNTS RECEIVABLE - PREPETITION | - | - | - | - | ||||||||||||||||
| ACCOUNTS RECEIVABLE - POSTPETITION | - | - | - | - | ||||||||||||||||
| LOANS AND ADVANCES SALE OF ASSETS | -- | -- | -- | -- | ||||||||||||||||
| OTHER (Attach List) | 743 | - | - | - | 743 | |||||||||||||||
| TRANSFERS (From Subsidiaries) | 300,495 | - | - | - | 300,495 | |||||||||||||||
| TOTAL RECEIPTS | 301,238 | - | - | - | 301,238 | |||||||||||||||
| DISBURSEMENTS | ||||||||||||||||||||
| NET PAYROLL | (74,682 | ) | - | - | (74,682 | ) | ||||||||||||||
| PAYROLL TAXES | (33,848 | ) | - | - | - | (33,848 | ) | |||||||||||||
| EMPLOYEE BENEFITS | (6,721 | ) | - | - | - | (6,721 | ) | |||||||||||||
| TRAVEL EXPENSES | (9,448 | ) | - | - | - | (9,448 | ) | |||||||||||||
| SALES, USE, & OTHER TAXES | - | - | - | - | ||||||||||||||||
| INVENTORY PURCHASES | - | - | - | - | ||||||||||||||||
| SECURED/ RENTAL/ LEASES | (18,336 | ) | - | - | - | (18,336 | ) | |||||||||||||
| INSURANCE | (24,843 | ) | - | - | - | (24,843 | ) | |||||||||||||
| ADMINISTRATIVE | (10,832 | ) | - | - | - | (10,832 | ) | |||||||||||||
| TEMPORARY SERVICES | - | - | - | - | ||||||||||||||||
| CONSULTING FEES | (39,849 | ) | - | - | - | (39,849 | ) | |||||||||||||
| DIRECTOR FEES & EXPENSES | (24,042 | ) | - | - | - | (24,042 | ) | |||||||||||||
| OWNER DRAW | - | - | - | - | ||||||||||||||||
| TRANSFERS (To/For Subsidiaries) | (2,807 | ) | - | - | - | (2,807 | ) | |||||||||||||
| PROFESSIONAL FEES | (53,260 | ) | - | - | - | (53,260 | ) | |||||||||||||
| U.S. TRUSTEE QUARTERLY FEES | - | - | - | - | ||||||||||||||||
| COURT COSTS | - | - | - | - | ||||||||||||||||
| TOTAL DISBURSEMENTS | (298,668 | ) | - | - | - | (298,668 | ) | |||||||||||||
| NET CASH FLOW | 2,570 | - | - | - | 2,570 | |||||||||||||||
| (RECEIPTS LESS DISBURSEMENTS) | ||||||||||||||||||||
| CASH – END OF MONTH | $ | 6,450 | $ | - | $ | - | $ | - | $ | 6,450 | ||||||||||
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE
| Cash Receipts and Disbursements - Information Supporting above Amounts: | ||||
| OTHER RECEIPTS: | ||||
| Insurance refund | $ | 743 | ||
| - | ||||
| TOTAL OTHER RECEIPTS | $ | 743 | ||
| TRANSFERS IN FROM SUBSIDIARIES: | ||||
| Mitchell Site Acquisition, Inc. | $ | 100,000 | ||
| Viasys | $ | 35,000 | ||
| Cotton Telecom | $ | 9,000 | ||
| Contemporary Constructors, Inc. | $ | 6,495 | ||
| LFC, Inc | 110,000 | |||
| Ayin Tower Management | 40,000 | |||
| TOTAL TRANSFERS IN | $ | 300,495 | ||
| TRANSFERS OUT TO/FOR THE BENEFIT OF SUBSIDIARIES | ||||
| Contemporary Constructors, Inc. | 2,807 | |||
| - | ||||
| TOTAL TRANSFERS OUT | $ | 2,807 | ||
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)
| TOTAL DISBURSEMENTS | $ | 298,668 | ||
| LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS | - |
