20 February 2015
Hello, I want to prepare estimated balance sheet for a year. I Have data up to September & want to prepare the Balance sheet as on 31 March.How Can I Prepare the same by following appropriate accounting policies....? Please Help
You need to make an estimate of your upcoming Expense & Income taking into consideration the projects in hand from oct to March. And than prepare balance sheet on the basis of these estimates using the Generally Accepted Accounting Policies.
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