Osing the Given Tn Fusmadion, cseate a BalanceSheet for an electric tronsfort Company thathas not stoyted bu siness.- Poajected sales l:3 millioncash in hon d 6,00,000cast of Trucks 8,09ow. 1,00,0w defots UAfonInsurance cost$25,0w anual.15%. Interest Paid each nonth on trucks.Char Fing station Cost Souooffice rent $12,00 each monthUtilittes $Sw eeh month.EmPloyees Salary $8,6040- Add other expenses thatt might notbe mentioned but remembes thebusiness has not yet starhed.

The question is related to preparation of Projected Balance Sheet of Electirc transport company…

Osing the Given Tn Fusmadion, cseate a Balance Sheet for an electric tronsfort company that has not storyted bu siness. - Poajected sales l:3 million cash in hon d 6,00,000 cast of Trucks 8,09ow. 1,00,0w defots UAfon Insurance cost$25,0w annual. 5%. Interest Paid each nonth on trucks. Char Fing station Cost Souo office rent $12,00 each month Utilittes $Sw eeh month. EmPloyecs salary $3,6040 -Add other expenses thatt mig-ht not be mentioned but remembes the business has not yet starhed.

Osing the Given Tn Fusmadion, cseate a Balance Sheet for an electric tronsfort company that has not storyted bu siness. - Poajected sales l:3 million cash in hon d 6,00,000 cast of Trucks 8,09ow. 1,00,0w defots UAfon Insurance cost$25,0w annual. 5%. Interest Paid each nonth on trucks. Char Fing station Cost Souo office rent $12,00 each month Utilittes $Sw eeh month. EmPloyecs salary $3,6040 -Add other expenses thatt mig-ht not be mentioned but remembes the business has not yet starhed.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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