Cash Flow Statement For Cash Essay

1202 Words Mar 16th, 2015 5 Pages
1 a) Cash Flow Statement
Cash Flow Statement for the period 1 Jan 2014 to 31 December 2014
Cash Inflows
Earned Income
Annual salary (including Employee’s CPF) $108,000
Employer‘s CPF contribution $13,600
Other incomes
Interest on savings $3780
Interest on fixed account $16,992
Total Cash Inflows $142,372
Cash Outflows
Insurance Premium $17,963
Tax $7,800
Transportation $6,600
Grooming $1,200
Entertainment/Vacation $6,500
Medical/Dental $2,400
Utilities/Household $6,600
Gifts $2,500
Parental Support $18,000
Miscellaneous $4,500
Savings $6000
Total Cash outflows $80,063
Net cash flow $ 62,309
b) Balance Sheet
Balance Sheet as at 31 December 2014
Assets
Savings $ 210,000
Total CPF…

Related Documents