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Instead of entering the job market, you decide to start your own accounting firm. You build a set of projections and launch your firm. Shortly
Instead of entering the job market, you decide to start your own accounting firm. You build a set of projections and launch your firm. Shortly after starting the firm you realize that you qualify for the govenments Payroll Proection Program. You reach out to your bank and they confirm that you are a good candidate. Upon reviewing the documents you realize that the bank wants a balance sheet to go with the income statement and cash flow that you have already prepared. Build a balance sheet for these projections.
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