A company commenced business in January with GHC76,000. The company made the following projections: 1....
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Accounting
A company commenced business in January with GHC76,000. The company made the following projections: 1. Services for surveying GHC11,000 in January but will increase by 10% every month. 2. The company projects site inspection fee GHC 300 in January but will increase by 33% everyone month.
The company expenditures: 3.Fuel cost in January is GHC 5000 but will increase by 25% every month 4. Labour cost in January is GHC 150 but will increase by 10% every month. 5. Electric cost is GHC 100 in January but will reduce by 10% every month.
You are required to prepare the cash forecasts for the period from January to December.
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