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4.1 Question 4.4 Use Addendum B to complete the following Projected Cash Flow Statement given the following scenario: Bank balance at the beginning of
4.1 Question 4.4 Use Addendum B to complete the following Projected Cash Flow Statement given the following scenario: Bank balance at the beginning of January was R50.000 . Total sales for the following months were recorded - December R 125 000 - January R 80 000 February R 75 000 March R 95 000 75% of all sales are Cash sales the remainder are Credit sales and paid 30 days later. At the end of February an old cash register was sold for R 3500 cash . Total monthly expenses amount to R15 000 Total purchases for the following months were recorded - December R 70 000 - January R 35 000 - February R 30 000 March R 40 000 ENTREPRENEURSHIP & BUSINESS MANAGEMENT N4 | ASSIGNMENT 2 50% of all purchases are CASH purchases and the remainder Credit purchases which is paid 30 days later In December a new delivery motorbike was bought by paying a R 7500 deposit with monthly installments of R 1250 for the next 24 month. Total: 25 marks
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