Provisional balance sheet

This query is : Resolved

ajay (Querist)
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14 May 2013 respeted sir/madam,

can a provisonal balance sheet drafted for bank loan purpose be diffrent from the actual one drafted for the same year.

CA Vikas Acharya

CA Vikas Acharya (Expert)
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14 May 2013 ya it may be different.

Guest

Guest (Expert)

15 May 2013 the balance sheet provided to bank is provisional or proposed (sometimes bases on estimation or expected values), where as the final balacesheet reflects the actual figures/balances.

Hence they may be different.

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