3.26 Cash Flow Forecasting

Question 1

chash flow

Answer 1

flow of money into and out of a business

Question 2

overheads

Answer 2

money spend regularly on rent - electricity - needed to keep a business operating

Question 3

chas flow forecast

Answer 3

predicen of all expected receipts and expenses of a business over a future time period, shows expected cash balance

Question 4

drawings

Answer 4

money taken out of the business by the owner for personal use

Question 5

closing cash balance

Answer 5

amount of cash the business expects to have at the end of each month