Question
I made up a company and named it K's Transportation services limited which the product is uber services, taxi services, food delivery services and loans
I made up a company and named it K's Transportation services limited which the product is uber services, taxi services, food delivery services and loans on cars and motorbikes. Now I need to create a pro forma/Budgeted Income statement & Retained Earning Statement for this company I made up and then
then prepare Pro forma/Budgeted Balance sheet of your new company. The Budgeted Balance sheet is prepared like that of Balance sheet but only here you will use estimated amounts.
then Prepare pro forma/Budgeted Cash Flow statement of a new company.
This assignment is like doing a business plan but you calculating the all the income.
You have to come up with the numbers..I think you can use the data from the internet
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