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Posted: **Sun Apr 17, 2022 6:25 pm**

: A Company Has The Following Budgeted Cash Flow Amounts For Coming Periods Month Amount Net Changes Inflows Outflows I 1 (35.25 KiB) Viewed 25 times

: A Company Has The Following Budgeted Cash Flow Amounts For Coming Periods Month Amount Net Changes Inflows Outflows I 2 (18.59 KiB) Viewed 25 times

A company has the following budgeted cash flow amounts for coming periods: - Month Amount Net Changes Inflows/Outflows Inflows £150,000 Outflows £100,000 Outflows £160,000 June 20X1 July 20X1 August 20X1 September 20X1 October 20X1 Inflows £150,000 Outflows £80,000 If the company starts on 1 June 20X1 with a positive bank balance of £120,000, how much will be the closing bank balance or September 20X1? Select one:

20X1 October 20X1 Outflows £80,000 If the company starts on 1 June 20X1 with a positive bank balance of £120,000, how much will be the closing bank balance on 30 September 20X1? Select one: O a. £80,000 (positive) bank balance O b. £40,000 (overdrawn) bank balance O c £160,000 (positive) bank balance Od £560,000 (overdrawn) bank balance