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Write a cash budget statement with the info provided Budget Statement of Cashflows for the 3 months to 31 March 2022 Cash flows from operating

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Budget Statement of Cashflows for the 3 months to 31 March 2022 Cash flows from operating activities Sales Repairs Rent Leasing of equipment Computers/components Technician Mark's salary Insurance Rates Utilities (excluding electricity) Advertising Mileage Net Cash used in Operating Activities (3,048) Cash flows from investing activities Signage \& furniture (4,000) Net cash used in investing activities (3,048) Cash flows from financing activities Issue shares Loan Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at 1/1/22 Cash and cash equivalents at 31/3/22 Budget Statement of Financial Position as at 31 March 2022 ASSETS Non-Current Assets Fixtures and fittings (Note 2) Current Assets Inventory Prepaid expense (Note 3) Cash at Bank Total Assets EQUITY AND UABILTIES Equity Share capital Retained profit Non-Current Liabilities Loan Current Liabilities Trade payables Accrued expense Total equity and liabilities Note 2 Fixtures and fittings Cost Depreciation Carrying amount at 31 March 2021 Note 3 Insurance poid Insurance for first 3 months Prepaid expense c/t Budget Income Statement for the 3 months to 31 March 2022 E E Sales Revenue: Sale of computers Repairs Cost of Sales (Note 1) Gross Profit Operating expenses: Note 1 Opening inventory Purchases Technician salary Closing inventory Cost of Sales

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