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Estimated balancesheet

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Can you plz tell. Mi how I prepare estimated and provisional balance sheet
Replies (1)
First you have to prepare this financial year statements and then you have to maintain an fixed percentage increase in turnover and expenses for provisional and estimated balance sheet say 10% or 20% of turnover and expenses same way and should maintain stock,debtors and creditors accurate so that loan disbursing entity might not get any problems for loan sanction. Each year you have to maintain fixed percentage of transactions say if your turnover this year is 100000 rupees then if you increase it to 10% then in next your turnover will be 110000 rupees and expenses should also be treated like this stock, debtors, creditors should be accurately assesed


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