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Professional Engineering Practice and Ethics (0404401) Assignment 1: Cashflow Preparation Prepare a forecast cashflow for...

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Professional Engineering Practice and Ethics (0404401) Assignment 1: Cashflow Preparation Prepare a forecast cashflow for a new business for 6 months from July 2021 Fees Income AED8,000pm from August and remain constant for the rest of the financial year. July cash at start AED 17,000 Bank Loan AED35,000 at start of business Rent AED800p.m. Insurance AED80p.m. Electricity AED50 p.m. Salaries AED1000 p.m. Telephone & internet AED50 p.m. Professional fees payable in November AED500 Rates AED 300 p.m. CPD AED 200 p.m. Start-up costs paid in July Car AED8000 Stationery AED 300 Legal fees AED700 Office Rent AED5000

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