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Q1 Financial health of pull the leg of Snack Bar is non good, rather it goes on deteriorating day by day. As per the figures operable calendar calendar month wise analysis as under: - For the month of July: - During the month of July, there is opening balance of $ 10500 and amount emolument are $11880 of which cash avail are only 8% i.e. $880. There is no income coming under Head some new(prenominal) income as such wide hard currency available with sprightly Snack Bar at the end of the month pop as % 22380, whereas it has made thoroughgoing payments of $ 19584.40 and is left with $ 2795.60 as closing balance. The data supplied as show the net worth of gain and payments during the month as of July cash receipts are $ 11880 and where as it has payments made of $ 19584.40 as such the bar is left with shortage of $ 7704-40. In other words it has made $ 7704.40 in pleonastic of its income. This means the concern as earned loss during the month of July. Cash receipts are also required to be increased by giving incentives to customers for making payments in cash. If we work the opening balance it is clam up in positive, if we see the activities during the month it is in loss. For the Month of August: - For the month of August the Jolly snack bar is left with $ 2795.60 as opening balance.

Cash sales are $ 11500, there is an increase of $ 500 than the be month. There is also marginal increase of $ 40 in cash receipts $ 920. Total cash available is $ 15215-60 with total receipts of $ 12420. Besides fixed payment of wages, interest payable, operational expenses and loan etc there is marginal increase in total payment. If we see activities during the month of August, Total receipts are $ 12420 and Total Payments are $ 19789-60 still there is deficit of $ 7369.60. In other words Bar has made excess payments of $ 7369.60 than the total receipts of $ 12420. In the month of August though, marginal increase in total receipts and total payments but the bar is still in loss. Even if, we include the opening balance at the start of... If you want to get a full essay, severalize it on our website: Orderessay

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