Cash Flow Flashcards
1
Q
What is an outflow?
A
The amounts of money leaving a business’s bank account.
2
Q
Net cash flow
A
Inflows - Outflows
3
Q
Opening Balance
A
The money in a business’s bank account at the start of the month
4
Q
Closing Balance
A
Net cash flow + opening balance
5
Q
What is an inflow?
A
The amounts of money entering a business’s bank account
