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Refer to the picture below : 1. Using cell references, what formula would you enter for Mar/21 Total Receipts (Cash Inflow), cell B18? 2. Using
Refer to the picture below :
Revenue (previous periods) Purchases (COGS) A B C D Jan-21 Feb-21 E F G H 4 5 6 7 Revenue Cash sales (50\%) \$A SB SC SD 30-day payment (10\%) 60-day payment (40\%) Total Receipts Purchases $1 \$E 21-Mar 21-Apr 21-May 21-Jun Paid in 1st 30 days (60\%) SF \$SG \$H Paid in 31-60 days (40\%) Total Purchases Total Receipts (Cash Inflow) Expenses Purchases Salaries Leasing Expenses Promo \& Advertising Taxes Purchase of assets Total Expenses (Cash DutficSM SN \$K $L Month's Surplus (Deficit) Cumulative Surplus (Deficit) Beginning bank balance S8B8 Change in Cash in the Month Ending Bank. Balance 1. Using cell references, what formula would you enter for Mar/21 Total Receipts (Cash Inflow), cell B18?
2. Using cell references, what formula would you enter for Mar /21 Month's Surplus(Deficit) , Cell B29?
3. Using cell references, what formula would you enter for Apr/21 Beginning bank balance, Cell C32?
4. Using cell references, what formula would you enter for Apr/21 Change in Cash in The Month, Cell C33?
5. Using cell references, what formula would you enter for Apr/21 Ending Bank Balance, Cell C35?
Please explain , i am practising for my final exam
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