UPD 00303 NUST W1 Annual Income Statement Project
There are 3 worksheets in this worksheet series.
Each student group should use only one from Worksheets 1 (A or B or C); Remaining Worksheets 2 and 3 are common to all.
Each student group should use only one and relevant sheet from the two Projected Income Statements A or B according to the Type of your business (Manufacturing/Wholesale or Retail/Service)
Start-Up Investment projections are common to all.
The worksheets are used for preparing the financial projection sheet ‘Projected Annual Income Statement’. This is a projection for the first year of your business starting from January 1st of the next financial year and ending in December 31, the same year.
Information given in these worksheets may also be useful for completing other financial projection sheet called Start-up Investment.
Remember that the worksheet you choose should match the template for Projected Annual Income Statement for your business type (Manufacturing/Wholesale or Retail/Service)
Use your logic, judgements, critical thinking and simple common sense to work out these worksheets and financial statements and which should be broadly relating to your Business Plan. ·
If any item is not applicable to you, do not delete it, but put a small dotted line in the cells (Ex: ——). ·
Words and figures in this solution sample are typed in red and in italics to easily distinguish between the soft copy and hard copy formats of the filled in parts of the templates. ·
Do not write anything in the shaded areas of the various cells in the tables given in the Financial Projections and Worksheet templates.
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