Cash Budget - A document produced to help a business manage their cash flow, Income - Cash receipts - money coming in, Payments - Cash expenditure - money going out, Opening Balance - Amount of money you have available at the beginning, Closing Balance - Amount of money left at the end, An example of Income - Pocket Money, An example of Payment - Mobile Phone, A positive closing balance indicates a - Surplus, A negative closing balances indicates a - Deficit, Debt - a sum of money that is owed to an individual or bank, How to improve cash flow - Increase income/decrease spending, Interest - money paid regularly at a particular rate for the use of money lent,

Cash Budgeting

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