Difference between projected balance sheet and provisional balance sheet
4 Replies
Amit Ingale
(Student CA Final)
(1454 Points)
Replied 12 December 2009
Projected balance sheet is prepared with estimated figures
where as provisional balancesheet is prepared with actaul figures but for limited purpose only.
ROHIT
(ACCOUNTS MANAGER)
(96 Points)
Replied 12 December 2009
Provisional Balance sheet:
it is same as your provisional marksheet or certificate. this is the balance sheet which is prepared at executive level 99% chances is that it is correct. but need final finishing so that when director sign at final balance sheet it is error free.
Projected balance sheet
everyone know as the name suggest projected by taking acutal data forecasting for the future.
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