assets to open his business. Items include a new toilet, several new walls, a cash register, a small computer and store fixtures. Assuming Chucks accountant agrees that five years is the proper timeframe to use for depreciation, he can take $333 as an expense for depreciation each month ($20,000 divided by 60 months).     4i.-4n. Other Expenses. Inevitably, you will encounter a number of other expenses, depending on your business. Spend some time thinking about these using the accompanying list as a starting point. Then list all the other costs you expect to incur on Lines 4i to 4n. If you expect any of these to be recurring expenses, include your monthly estimate for each. For expenses that occur once or twice a year, divide the annual total by twelve and enter an amount each month.   Common Expenses     Here are some of the more common expenses that businesses incur on a regular basis:     Attorneys, consultants, tax advisors     Auto and truck expenses     Bad debts     Commissions (probably should be placed in cost of sales or as a deduction from sales revenue if commissions are paid regularly; if paid only occasionally, include them in fixed expenses)     Dues and publications     Employee benefit programs     Equipment rental     Freight in on merchandise acquired (also sometimes placed in cost of sales; freight out to customers is usually paid for by the customer) Janitorial     Laundry     Licenses and taxes including permit fees (not income taxes, which are calculated after profits are known)     Office supplies     Payments to investors     Postage, fax, telephone