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Provisional balance sheet for bank loan

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Gst Practicion
702 Points Posted on 31 December 2016
what are the basic data require for preparing provisional balance sheet and which points should be followed while preparation of provisional balance sheet. How to calculate the bank overdraft limit and formalities for getting bank loan based on provisional balance sheet and other details provide for me
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On 31 December 2016 at 16:02 Report
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student
5908 Points Posted on 31 December 2016
Provisional balancesheet is prepared when year is not ended and u need to apply for a loan or for other reasons. It's similar with normal one with some projected growth in business. Normally your sales for a quarter is bank overdraft limit.
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On 31 December 2016 at 18:03
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Gst Practicion
702 Points Posted on 01 January 2017

Which points should be followed for preparing the provisional balance sheet  for easily getting the bank loan? 

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On 01 January 2017 at 23:14
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Chartered Accountant
23 Points Posted on 22 May 2017

Please elaborate with example mam

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On 22 May 2017 at 14:29


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