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It is expected that the bank balance on 1 January 2020 will be unfavourable to the amount of R24 350. The forecasted receipts for January

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It is expected that the bank balance on 1 January 2020 will be unfavourable to the amount of R24 350. The forecasted receipts for January 2020 are R842 119 and forecasted payments are R346 776. The expected bank balance on 31 January 2020 will be calculated as: It is expected that the bank balance on 1 January 2020 will be unfavourable to the amount of R24 350. The forecasted receipts for January 2020 are R842 119 and forecasted payments are R346 776. The cash surplus (shortfall) for January 2020 will be calculated as

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