1. The problem is to create a cash budget statement in English. 2. A cash budget statement is a financial plan that estimates cash inflows and outflows over a specific period. 3. The formula for a cash budget is: $$\text{Opening Cash Balance} + \text{Cash Inflows} - \text{Cash Outflows} = \text{Closing Cash Balance}$$ 4. Important rules: - Include all sources of cash inflows such as sales receipts, loans, and other income. - Include all cash outflows such as payments for expenses, purchases, and loan repayments. - The closing cash balance becomes the opening balance for the next period. 5. Example intermediate work: - Suppose opening cash balance is 1000. - Cash inflows are 3000. - Cash outflows are 2500. 6. Calculate closing cash balance: $$1000 + 3000 - 2500 = 1500$$ 7. Explanation: Start with the cash you have, add the money coming in, subtract the money going out, and the result is the cash you will have at the end of the period. Final answer: The closing cash balance is 1500.