Question: Question 1: Cash Flow Forecasting Part A Using the information below, complete a cash flow forecast for sole trader, Sam Thorp. Sam sells garden tools

Question 1: Cash Flow Forecasting Part A Using
Question 1: Cash Flow Forecasting Part A Using the information below, complete a cash flow forecast for sole trader, Sam Thorp. Sam sells garden tools and plants and has been operating for 6 months. Remember to fill in the names of the entries in the left column. (12 marks) i) Sales of plants/flowers are expected to be 12,000 in July and August but decrease by 20% in September ii) Sales of garden tools are expected to be 7,000 in July, 8,000 in August and 8,000 in September iii) Sam plans to buy a delivery van in July which will cost 10,000 iv) Wages paid will be 5,500 per month V) Material purchases are likely to be 10,000 in July and August but decreasing by 10% in September vi) Electricity is expected to be 100 per month vii) Rent is 800 per month but Sam is moving to cheaper premises in September when the rent will be 700

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