In 250280 words explain how balances are transferred into and out of cash flow statements and how the closing cash is calculated. Upload a file (7MB max) 2 Consider this summary of cash graph. Which month is the best to fund a cash purchase of a new deep-fryer worth $3,000? What makes it the best month? What is the advantage of paying cash for the fryer instead of taking out a small loan? (80100 words) Graph showing a summary of cash levels by month between the months of October and December. Upload a file (7MB max) 3 Explain in 80120 words which other budgets are used to prepare and check the accuracy of the budgeted statement of financial position.