What is Provisional & Projected When you ask for loan from Bank they required Provisional and projected balance sheet Provisional is prepared with past actual figures but prepared before end of financial year r and annually expenses or incomes are proportioned for related period . But projected balance sheet is totally prepared with estimated figures […]
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When you ask for loan from Bank they required Provisional and projected balance sheet Provisional is prepared with past actual figures but prepared before end of financial year r and annually expenses or incomes are proportioned for related period . But projected balance sheet is totally prepared with estimated figures for future dates.
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