Provisional balance sheet
This query is : Resolved
14 May 2013
respeted sir/madam,
can a provisonal balance sheet drafted for bank loan purpose be diffrent from the actual one drafted for the same year.
can a provisonal balance sheet drafted for bank loan purpose be diffrent from the actual one drafted for the same year.
CA Vikas Acharya
(Expert)
14 May 2013
ya it may be different.
Guest
Guest
(Expert)
15 May 2013
the balance sheet provided to bank is provisional or proposed (sometimes bases on estimation or expected values), where as the final balacesheet reflects the actual figures/balances.
Hence they may be different.
Hence they may be different.
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