Solution-Prepare a cash flow plan for the club train for

Prepare a cash flow plan for the club train for the month

Reference no: EM133113751

Question - Prepare a cash flow plan for the Club Train for the month of February to determine if a purchase of $150,000 can be afforded.

Club Train Cash Flow Analysis for Jan and Feb 2016
	Jan $	Feb $
Cash Sales	80,000	95,000
Collection from Accounts Receivable	13,860	12,000
Payments due to creditors	47,000	56,000
GST due to ATO	27,000	-
Salaries and Wages	20,000	18,000
Interest Payment	1,000	1,000
Other operating expenses paid	10,800	10,000
Loans repaid during period	5,000	5,000
Capital expenditure	-
Opening cash balance	132,000

Note - All purchases are paid for in the month following the month of purchases.

Reference no: EM133113751

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Prepare a cash flow plan for the club train for the month

Reference no: EM133113751

Reference no: EM133113751

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