Answer:
Answer to question B.
July net cash flow = $15,000 (,000)
September opening balance = -$2,000 (,000)
Step-by-step explanation:
July Net cash flow is calculated by deducting the total cash outflows from the total cash inflows (i.e. $140,000 - $125,000).
September opening balance is the closing balance of august (i.e. -$2,000). Cash is an asset; as such the balance at a period end is the opening balance in the subsequent period.