sample of projected balance sheet
TRANSCRIPT
This worksheet serves as a sample only and the items listed are not exhaustive.
Components of Pro Forma Balance Sheet for 3 Financial Years (Sample)The Balance Sheet Statement provides a summary of the firm's financial position and business' net worth at a specific time period. This is represented by the equation: Assets = Liabilities + Equity
ABC Balance Sheet As At…..Year 1 Year 2 Year 3
ASSETS
Current Assets
Cash at Bank
Inventory
Accounts Receivable/Debtors
Prepaid Expenses
Other Current Assets
Total Current Assets
Fixed Assets (Tangible)
Equipment/Machinery
Buildings/Land/Factory
Fixtures/Fittings
Other Fixed AssetsLess: Accumulated Depreciation
Total Fixed Assets (less depreciation)
Other Intangible Fixed Assets
TOTAL ASSETS
LIABILITIES
Current Liabilities
Accounts Payable/Creditors
Short-Term Loans
GST
Total Current Liabilities
Long-Term Liabilities
Long-Term Loans
Mortgage
Total Long-Term Liabilities
TOTAL LIABILITIES
EQUITY
Owner's Equity - Share Capital
Retained Earnings (Previous Year)Current Year EarningsTOTAL EQUITY
TOTAL LIABILITIES AND EQUITY