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Proforma Income Statement Preparation Guide by ScribdTranslations is a document available to read on EtoBox.
What is Proforma Income Statement Preparation Guide about?
The document describes two methods for preparing pro forma financial statements: the percentage of sales method and the budgeted income statement method. It explains that the percentage method estimates accounts such as cost of sales, operating expenses, and interest as percentages of projected sales. It then applies this method as an example using data from a previous year
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