Provisional balancesheet

This query is : Resolved 

18 October 2013 WHAT IS THE MEANING OF THE PROVISIONAL BALANCESHEET ?

WHAT ADJUSTMENT SHOULD BE MADE AND WHAT SHOULD BE KEPT IN MIND WHILE PREPARING THE PROVISIONAL BALANCESHEET....?

18 October 2013 Balance sheets provide a snapshot of a
company's performance at a specific point in
time. Provisional balance sheets, often used to
describe an unaudited balance sheet for
companies that are audited, provide an interim
snapshot that may be modified.



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