Cashflow revision Flashcards

1
Q

Inflows

A

Inflows can be: sales, loan retained profit

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2
Q

Outflows

A

Outflows can be: wages, stock, salaries, insurance

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3
Q

Opening balance

A

is the cash that is available at the start of the month

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4
Q

Closing balance

A

is how much money available at the end of the month

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