Let's do business PERSONAL BOOKKEPING VIA PERSONAL CASH FLOW STATEMENT 1. Generate your own Daily Personal Cash Flow Statement. 2. Record all the Revenues you generate from the various assignments. Record all the Expenses you incur everyday. 3. 4. Ensure that your Daily Personal Cash Flow Statment matches your actual amount of Cash you own on a daily basis. You may use the following template as a guide: Previous Cash Balance Cash Inflows per source (e.g. allowance, part-time job, etc.) Total Cash Inflows Cash Outflows per expense (e.g. transportation, lunch, etc.) Amount Formula Cash Balance last period Sum of ALL Cash Inflows Total Cash Outflows Ending Cash Balance Sum of ALL Cash Outflows Previous Cash Balance plus Total Cash Inflows minus Total Cash Outflows 145
Let's do business PERSONAL BOOKKEPING VIA PERSONAL CASH FLOW STATEMENT 1. Generate your own Daily Personal Cash Flow Statement. 2. Record all the Revenues you generate from the various assignments. Record all the Expenses you incur everyday. 3. 4. Ensure that your Daily Personal Cash Flow Statment matches your actual amount of Cash you own on a daily basis. You may use the following template as a guide: Previous Cash Balance Cash Inflows per source (e.g. allowance, part-time job, etc.) Total Cash Inflows Cash Outflows per expense (e.g. transportation, lunch, etc.) Amount Formula Cash Balance last period Sum of ALL Cash Inflows Total Cash Outflows Ending Cash Balance Sum of ALL Cash Outflows Previous Cash Balance plus Total Cash Inflows minus Total Cash Outflows 145
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
Related questions
Question
Cash flow statement

Transcribed Image Text:Let's do business
PERSONAL BOOKKEPING VIA PERSONAL CASH FLOW STATEMENT
1. Generate your own Daily Personal Cash Flow Statement.
2. Record all the Revenues you generate from the various assignments.
Record all the Expenses you incur everyday.
3.
4. Ensure that your Daily Personal Cash Flow Statment matches your actual
amount of Cash you own on a daily basis.
You may use the following template as a guide:
Previous Cash Balance
Cash Inflows per source (e.g.
allowance, part-time job, etc.)
Total Cash Inflows
Cash Outflows per expense (e.g.
transportation, lunch, etc.)
Amount
Formula
Cash Balance last period
Sum of ALL Cash Inflows
Total Cash Outflows
Ending Cash Balance
Sum of ALL Cash Outflows
Previous Cash Balance plus Total
Cash Inflows minus Total Cash
Outflows
145
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