Estimated balancesheet

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Swapnil Rawool (Querist)
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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

CS,CA F,Numrologi TusharSampat

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

CA Anjana Grover

CA Anjana Grover (Expert)
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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

Swapnil Rawool

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

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