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In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
The pro-forma balance sheet (PBS) method directly uses the projected book cash account; if all the other balance sheet accounts have been correctly forecast, cash will be correct, also. The accrual reversal method (ARM), is similar to the ANI method.
The term pro forma (Latin for "as a matter of form" or "for the sake of form") is most often used to describe a practice or document that is provided as a courtesy or satisfies minimum requirements, conforms to a norm or doctrine, tends to be performed perfunctorily or is considered a formality.
The template also includes a budget summary, complete with graphic organizers, which breaks everything down, including your top five expenses for the month. 3. Google Sheets Monthly Budget Template
Printable version; In other projects ... Balance sheet analysis. Financial ratio; Business plan. ... Pro forma § Financial statements;
Printable version; In other projects ... Balance sheet (3 C, 7 P) I. Income statement ... Trial balance This page was last ...
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