Question

Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six months. Jan. Feb. Mar. Apr. May June Sales Receipts $300 $350 $300 $350 $400 $300 Cash Disbursements $200 $200 $210 $295 $375 $300 Net Cash Flows $ $ $ $ $ $ Cumulative Cash Balances $ $ $ $ $ $

Answer 1

Cumulative cash flow - $420

Net cash flow

Jan = $100

Feb= $150

Mar= $90

Apri -$55

May = $25

June -0

Step-by-step explanation:

Jan - Feb - Mar - Apr - May - June

sale receipt 300 350 300 350 400 300

Disbursement (200) (200) (210) (295) (375) (300)

Net cash flow 100 150 90 55 25 0

Cumulative balance = $420