20x0

Product A
product B
product C
Total

20x1

20x2

20x3

40

45

48

51

80

82

78

66

22

30

41

54

142

157

167

171

180
160
140
120
100
80
60
40
20
0
Product A

product B

product C

VAT rate

20%
Net

20x0
20x1
20x2
20x3

product C

Total

Sale 1

600

Sale 2

500

Sale 3

300

Sale 4

400

VAT

Gross

$
120

720

100

600

164.44

164

60

360

164.4567

164.46

80

480

EXCELENT PLC
cash flow projection-six months ending 30 june 20x6
jan
feb
mar
apr
$
$
$
$
sales
42,000
43,260
44,558
45,895
cash receipts
1 month in arrears
27000
25200
25956 26734.68
2 months in arrears
13500
13500
12600
12978
3 months in arrears
3150
3150
3150
2940
Total operating receipts
43650
41850
41706 42652.68
cash payments
purchases
overheads
Total operating payments

may
jun
$
$
47,271
48,690
27536.72
13367.34
3028.2
43932.26

28362.82
13768.36
3119.046
45250.23

-31500
-6300
-37800

-32445
-6300
-38745

-33418.4
-6300
-39718.4

-34420.9
-6300
-40720.9

-35453.5
-6300
-41753.5

-36517.1
-6300
-42817.1

Dividends
capital purchases
total other payments

0
-3600
-3600

0
0
0

0
0
0

0
0
0

-10000
-1800
-11800

0
0
0

net cash flow

cash balance b/f
cash balance c/f

2250
-7500
-5250

3105
-5250
-2145

1987.65 1931.78 -9621.27 2433.095

-2145
-157.35 1774.429 -7846.84
-157.35 1774.429 -7846.84 -5413.74

this table contains the key variables for the 20x6 csah flow projections
sales growth factor per month
purchase as % of sales

1.03
-0.75

debts paid within 1 month

debts paid within 2 months
debts paid within 3 months
irricoverable debts

0.6
0.3
0.07
0.03

increase in overheads

1.05

dividends (may)

-10000

capital purchase
january
febuary
may

-18000
0.2
0.7
0.1

this table contains relevant opening balance data sa at jan 20x6

monthly sales 20x5

january 20x6 sales
monthly overheads
opening cash

45000
42000
-6000
-7500

THE EXTENDED TRIAL BALANCE

Account

Capital account
opening inventory
Drawings
Rent
Purchases
Sales
Electricity
Building at cost
Building accumulated dep
bank balance
Trade receivables(control a/c)
Trade payables(control a/c)
insurance
wages and salaries
Depreciation expense
Irrecoverable debt
Closing inventory
Accrual
Prepaid
income statement totals
Profit for the year
Totals
Capital account

Trial balance
Dr
Cr
$
$

Dr
$

Adjustments
Cr
$

Accrued
Dr
$

prepaid
Cr
$

108000
92880
33720
13840
484272

200
683920

2000
80940
35982

15000

2538
45500

2000
40440

3072
109580

868342

100

868342
7802

15000
2000
94500

94500

111500

111500

200

100

Income statement
Dr
Cr
$
$

Statement of financial position

Dr
Cr
$
$
108000

92880
33720
14040
484272
683920
2000
80940
50982
2538
43500
40440
2972
109580
15000
2000
94500

94500
200
100

722744
55676
1501164

778420
1556840

255298

55676
255298