Cash

Murray's Cash account refers to the money he expects to have at various stages throughout the business planning process.

Below illiterates the money Murray expects to have on July 1, 200X, on December 31, 200Y, and on December 31, 200Y.

Creating Forecasted Financial Budgets

Before you can begin forecasting your own financial statements you must collect and develop various pieces of information. This information will be organized into Financial Budgets (14 budgets in all).

Capital - Murray Wilson (Equity Section of the Balance Sheet)

Murray's Capital Accounts as of July 1, 200X, as of December 31, 200X and as of December 31, 200Y were calculated as follows:

Depreciation Expense, Auto - from Operating Expense Budget

Deprecation Expense is an expense that attempts to recognize the reduction in value of fixed assets. By lower the value, through deprecation, companies can better estimate the current market value of their fixed assets.