I was given the task of doing FS projections for a 2 year old company based on the data they've given, their projected revenue and costs and FS of the last 2 years. In the B/s for 3 years the cash in hand(it's the bf) came as negative and I don't know how to adjust it. Can someone help me out?
Genuinely if we think , how is it possible then we can get an easy answer . Because when it happens ( Cash paid to someone or for expenses ) , someone definitely did, it means on behalf paid by him/her. So now you will have to credit those people who paid on behalf of the company.
I understand that but the problem here is all these amounts aren't real and are just projections i.e. based on a growth pattern and thus I'm apprehensive about adding or subtracting from any of the values as they're all provided by the client
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
