Question: A pro forma balance sheet is used as __________. a.) a projection of the effects of a proposed transaction on assets, liability and equity b.)

A pro forma balance sheet is used as __________.

  • a.)
  • a projection of the effects of a proposed transaction on assets, liability and equity
  • b.)
  • an accounting of the actual effects of a significant transaction on assets, liability and equity
  • c.)
  • an accounting of the actual effects of a significant transaction on revenue and expenses
  • d.)
  • a projection of the effects of a proposed transaction on revenue and expenses

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