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Estimated balancesheet

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(Querist)
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
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 February 2015 yes u need to have this approach only
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CA Anjana Grover

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CA Anjana Grover (Expert)
20 February 2015 Hi Swapnil,

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.


Regards
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Swapnil Rawool

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Swapnil Rawool (Querist)
20 February 2015 Thank you sir,
what about WIP Valuation.......?
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