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I need to make monthly pro forma b/s and income statement for the first year and then yearly for the next five years.

by | Jan 11, 2025 | Posted Questions

I need to make monthly pro forma b/s and income statement for the first year and then yearly for the next five years. I know that goodwill on day one is $50,000 but I’m not sure if i need to recalculate it in the next years or how to amortize or depreciate it. I’m also unsure of how to calculate bond/note interest and notes payable. For the yearly pro forma for the first year, would the balance sheet be the same as the last month – in this case June? Thank you for your help! ATTACHMENT PREVIEW Download attachment UpState.pdf

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