please help with my assignment for all $4$ tasks. and relate the venture or the type of business is a hair beauty salon business when answering. please answer in the currency Rands$($Zar$)$ in south Africa. using south african template

Note:

In order to achieve the objectives listed above, complete the following tasks and attach all relevant

evidence in your POE guide.

Task $1($SO $2,$ AC $3,$ AC $4,$ AC $5$; CCFO$)$

You are required to apply cash flow management in the running of a new venture. Use the guidelines

below

a$)$ Create a cash flow forecast for your venture. Attach evidence in your POE guide.

$($SO $2,$ AC $3)$

b$)$ Use the cash flow forecast you created in $($a$)$ above, to determine a working capital for your

business.

$($SO $2,$ AC $4)$

c$)$ Obtain your company's bank statements and interpret these for reconciliation with the cash book. $(15)$

$($SO $2.$AC$5)$

Task $2($SO $3,$ AC $2,$ AC $3,$ AC $4$; CCFO$)$

This is a follow up of task $1.$ You are now required to apply an accounting system to manage your new

venture. Use the guidelines below

a$)$ Establish an accounting system for your new venture. Attach relevant evidence in your POE guide.

$($sO $3,$ AC $2)$

b$)$ Monitor the accounting system for effectiveness. Attach evidence.

$($sO $3,$ AC $3)$

c$)$ Cater for taxation requirements in the accounting system of your new venture. Attach evidence. $(15)$

$($so $3,$ AC $4)$

Note

Attach all relevant evidence in your POE guide

Task $3($SO $1,$ AC $1,$ AC $3$; SO $4,$ AC $2,$ AC $3,$ AC $4$; SO $5,$ AC $2,$ AC $3,$ AC $4,$ AC $5$; CCFO$)$

This is a follow up of tasks $1$ and $2.$ You are now required to analyse an income and expenditure

statement and balance sheet for your venture. Obtain a Trial Balance you shall use to compile your

Income Statement and Balance sheet from your supervisor. Attach a copy in your POE guide and use

the guidelines below

a$)$ Identify sources of income and expenditure for your new venture.

$($sO $1,$ AC $1$; SO $4,$ AC $2)$

b$)$ Create an income and expenditure statement for your new venture. Attach evidence in your POE

guide.

$($sO $4,$ AC $3)$

c$)$ Analyse the income and expenditure statement to determine the financial viability of your new

venture.

d$)$ Prepare a balance sheet for your new venture. Attach a copy in your POE guide.

$(SO1,AC3$; $SO5,AC2,AC3,AC5)$

e$)$ Evaluate your balance sheet in terms of equity or financial net worth

$($SO $5,$ AC $4)$

Note

As evidence attach all relevant evidence in your POE guide

Task $4($SO $6,$ AC $1,$ AC $2$; CCFO$)$

This is a follow up of tasks $1,2$ and $3.$ You are now required to make a financial decision based on

financial statements of your venture. Use the guidelines below

a$)$ Calculate the following ratios and make recommendations on how to improve these:

Profitability

Liquidity

solvency

$($sO $6,$ AC $1)$

b$)$ Analyse the financial strengths and weaknesses of own venture and make suggestions to

improve income and reduce costs.