Thank you for the Lecture, it was very easy to follow. I do have one question when it comes to Net Cash and Opening Balance. For Jan the 7000 Net Cash was added to the 15000 Opening Balance to yield a CL Balance of 22000 but for subsequent months (Feb and Mar) the CL Balance appears to be the Opening balance less Net Cash. I am sure I am missing something simple, I would greatly appreciate clarification. Thanks you.
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Thank you for the Lecture, it was very easy to follow. I do have one question when it comes to Net Cash and Opening Balance. For Jan the 7000 Net Cash was added to the 15000 Opening Balance to yield a CL Balance of 22000 but for subsequent months (Feb and Mar) the CL Balance appears to be the Opening balance less Net Cash. I am sure I am missing something simple, I would greatly appreciate clarification. Thanks you.
1:19
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Is Budgeted Statement of Profit or Loss and Budgets Statement of Financial Position examinable ?
Please ask your question in the free Ask the Tutor Forum on our website. Our tutors do not monitor posts here but always answer questions in our Ask the Tutor Forums (and everything on our website is free :-) )