Cash flow family formulae Flashcards
1
Q
total inflows-total income
A
total inflow-income added together for that month
2
Q
total outflows-expenditure
A
All outflows-expenditures added together for that month
3
Q
net cash flow
A
total inflows(income) - total outflow(expenditure)
4
Q
opening balance
A
Last months closing balance
5
Q
Closing balance
A
Opening balance + net cash flow
