Question
Global Enterprises Ltd. has the following details for the month of February 2024: Particulars Amount () Opening Cash Balance 60,000 Cash Receipts 4,00,000 Cash Payments
Global Enterprises Ltd. has the following details for the month of February 2024:
Particulars | Amount (₹) |
Opening Cash Balance | 60,000 |
Cash Receipts | 4,00,000 |
Cash Payments | 2,50,000 |
Credit Sales | 1,80,000 |
Credit Purchases | 1,20,000 |
- PREPARE the cash flow statement using the direct method.
- CALCULATE the closing cash balance.
- ANALYZE the impact on cash flow if cash receipts increase by 20%.
- EVALUATE the effect of delaying cash payments by one month.
- DISCUSS the significance of cash flow forecasting.
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ISE Business Accounting Volume 1
Authors: Frank Wood, Alan Sangster
8th Edition
0273638394, 9780273638391
