a) Balance Sheet

Prepare a balance sheet with projected amounts for the opening day, year 1, year 2, and year 3 end ( for a clothing company ). Keep the categories the same so that you are comparing the same details

b) Borrowed Money

Indicate any money your business will borrow ( clothing company ). Include the lenders, interest rates,repayment terms, and any collateral required. You can estimate this amount in a firstdraft, then revise it after the balance sheet, and again after the cash flow is calculated.

c) Costs and Expenses

Create a Costs and Expenses worksheet. Estimate the monthly and annual amounts for each expense. Make a note for irregularamounts like semi-annual licenses or large inventory purchases then indicate lump-sumamounts or estimate the approximate monthly costs. Attach this as an appendix.