Question: Develop a forecasted balance sheet for 5 partners in a service business who run various errands for consumers, such as grocery shopping, pick-up and drop

Develop a forecasted balance sheet for 5 partners in a service business who run various errands for consumers, such as grocery shopping, pick-up and drop off, cleaning and so on.

this is the income statement

Sales		550,000.00
Less: cost of good sold		(80,000.00)
Gross Profit		470,000.00
Less: operating expenses		(81,000.00)
Profit		389,000.00

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