Estimated balancesheet
This query is : Resolved
Swapnil Rawool
(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
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
20 February 2015
yes u need to have this approach only
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
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
(Querist)
20 February 2015
Thank you sir,
what about WIP Valuation.......?
what about WIP Valuation.......?
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