Pro-forma balance sheet?
Description of financial statements that have one or more assumptions or hypothetical conditions built into the data. Often used with balance sheets and income statements.
Provided to show rent or income projections (typically it is the NOI - Net Operating income - that is looked at in this application) upon acquisition of Commercial Real Estate or a Business, so as to justify the obtaining of financing for the purchase - Used to demonstrate the Borrower's ability to repay the loan based on income projections taking into account Mortgage or loan terms, and actual or projected income based on reasonable and qualified assumptions.
A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.
If your double-entry records are correct, a balance sheet will always balance (by definition). ASSETS = LIABILITIES + EQUITY If it does not balance, check all your entries, since the last balance sheet that did balance. You will find one or more errors to correct. Find and correct all of the errors until the balance sheet balances.
A detailed balance sheet, which shows ledgers under groups, so here Schedule balance sheet helps all of us to view and print the balance sheet in detailed format. in other word schedule balance sheet is a balance sheet contain combined Asset class and liabilitiy class together under one group, and which shows ledgers under groups.