Solved: How can we use budgets to create a set of pro-forma, Accounting Basics

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How can we use budgets to create a set of pro-forma

Discuss how various budgets interact with each other - example could be the cash budget and the sales and purchases budget or the capital budget and the cash budget and the budgeted balance sheet? How can we use budgets to create a set of pro-forma financial statements to serve as targets for management and investors alike to track our performance against?

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Accounting Basics: How can we use budgets to create a set of pro-forma

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