Plastic Coatings Ltd Cash Flow Exercise

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Plastic Coatings Ltd Cash Flow Exercise
MONTH MARCH APRIL MAY JUNE JULY AUGUST
Opening Balance 0 (6,000) (12,000) (9,000) (3,000) 0
Capital 30,000
Sales --- 4,000 7,000 10,000 13,000 15,000
Total Income 30,000 4,000 7,000 10,000 13,000 15,000
Equipment 23,000
Materials 6,000 6,000 0 0 6,000 6,000
Rent 4,000 1,000 1,000 1,000 1,000 1,000
Wages 2,000 2,000 2,000 2,000 2,000 2,000
Other expenses 1,000 1,000 1,000 1,000 1,000 1,000
Total Expenditure 36,000 10,000 4,000 4,000 10,000 10,000
Monthly Balance (6,000) (6,000) 3,000 6,000 3,000 5,000
Closing Balance (6,000) (12,000) (9,000) (3,000) 0 5,000