04 December 2010
I NEVER DONE PROJECTED BALANCE SHEET SO NOW IF I WANT TO DO THEN WHAT POINTS SHOULD I TAKE INTO CONSIDERATION, I WANT TO KNOW HOW TO PREPARE. PLZ HELP ME IN THIS MATTER
05 December 2010
For doing the projected B/S, you need to know the following:
Projected P & L statement, Turnover ratios (Debtors, Inventory and Creditors), Estimated Capital inflow (if any), Estimated investments in Fixed Assets and their funding basis.
The above are the minimum info required to prepare the projected B/S.
Further, you need to have suitable assumptions, if details are not fully available
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