Pro Forma Balance Sheet Case Study
For the Pro Forma financial statements we are using data from a similar start-up company in the same industry and business to forecast and project the data we expect to get in our future financial statements.
The following chart shows the Pro Forma balance sheet, which shows a projected snapshot of a company’s assets, liabilities and owner's’ equity at a specific point in time. In this case we are projecting data for the first three years of operation. After our first year of operation we are going to be able to compare the projected and the actual data , we will also use the actual data to formulate new
The following chart shows the Pro Forma balance sheet, which shows a projected snapshot of a company’s assets, liabilities and owner's’ equity at a specific point in time. In this case we are projecting data for the first three years of operation. After our first year of operation we are going to be able to compare the projected and the actual data , we will also use the actual data to formulate new