what points to be kept in mind while preparing a projected balance sheet for cc enhancement?
Shivangi Pandey (ACA-Retainer) (105 Points)
13 April 2011what points to be kept in mind while preparing a projected balance sheet for cc enhancement?
vaseem
(Tax Consultant)
(76 Points)
Replied 26 April 2011
the CURRENT RATIO MUST BE 1.33:1 OR MORE
THE SALES SHALL BE SOUND LIKE ATLEAST 20 PCENT INCREASE
IT MUST BE LIKE MORE OF ASSETS LESS OF LIABILITES
THEN U WILL GET A DOUBT HOW THE BALANCE SHEET WILL TALLY
SHOW MORE PROFIT AND ADD IT TO CAPITAL
LIKE DEBTORS 100000
CREDITORS 45000
Sunanda Chopra
(Finance Manager)
(34 Points)
Replied 10 November 2011
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