Business Studies, asked by ianpaul149, 9 months ago

What is a proforma income statement?

Answers

Answered by JONE45AVENGERS

1

^ ^ HEY MATE ;)

___

Proforma income statement is the statement prepared by the business entity to prepare the projections of

income and expenses which they expect to have in

the future by following certain assumptions such as competition

LEVEL in the market.

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