Cash Flow Exercise Worksheet Current Cash Balance Cash Inflows Description Amount Forecasted Cash Flow Previous Cash Balance Cash Inflows Description Total Cash Inflows Cash Outflows Description Total Cash Inflows Amount Cash Outflows Description Amount Amount 39 Total Cash Outflows Previous Cash Balance SERVICE BUSINESS Total Cash Outflows Ending Cash Balance 1. Develop a low to zero-investment service-based busness that you can implement this week (e.g. car wash, tutoring, dance lessons, repair services, design services, etc.). 2. Use Gantt Charts and Flowcharts in making your detailed plans. 3. Record all financial transactions of your service-based business in a Sales Journal and Expense Journal. 4. Generate a Cash Flow Statement and Income Statement for your service-based business using the Sales and Expense Journals. 5. Proceeds from these Service Business should add to the proceeds from Selling Old/Used Items to hit your personal financial targets.