Interested to Buy Any Domain ? << Click Here >> for more details...
What is difference between provisional and projected balance
Sheet
- 2 Answers
- 8755 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / stakshi sharma
AS PER MY OPINION IT MAY BE THE:
PROJECTED IS REQUIRED FOR TAKING LOAN OR OTHER FINANCIAL
SERVICES & WHOLE DATA IS PREDETERMINATION ABOUT FUTURE.
PROVISIONAL IS REQUIRED FOR FIRM ITSELF &IT'S ALSO A
PRIDICTION WHEREAS IT'S BASED ON PAST YEAR FIGURES
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / sunil
I try to clarify these confusion
Provisional -prepared at the the end of accounting period or period which is over but before statutory audit.
Estimation-based on estimation for the period for which is running but not completed like estimation for 1 april 2015 to march 2016
Projection-period is not yet started and based on projection.Like 1 april 2016 to march 2017
| Is This Answer Correct ? | 1 Yes | 0 No |
what is the tally accounting.
1 Answers Park Controls Communication,
Explain what is ledger?
Define depreciation and its types?
what is accounts?
Expand ctc cheque?
Explain me the difference between public and private accounting?
What Is The Entry Of fixed Assets & Which Ledger? How Many Entries Are Posted For 1 Transaction? If We Paurchase Asset From XYZ Ltd. & Make Payment.
Jurnal for interest chrgd by bank- Interest a/c dr To bank Bank is real a/c Que is why bank is credit as d rule is dr d reciever
What is portfolio manager responsibilities?
how to create salary and pf statement in excel sheet?
Define overhead in terms of accounting?
What are mis reports and how do you prepare it?
Audit 
