Provisional Balance Sheet Format

A provisional balance sheet, also known as a pro forma balance sheet, is a financial statement that provides an estimate of a company’s financial position at a specific point in the future. It is typically prepared to assess the potential impact of certain events or decisions on the company’s financial condition. The format of a provisional balance sheet is similar to a regular balance sheet, but with adjustments to reflect the anticipated changes.

Provisional Balance Sheet Format in Excel

Assets	Amount (USD)
Cash and Cash Equivalents	100,000
Accounts Receivable	50,000
Total Assets	150,000

Liabilities	Amount (USD)
Accounts Payable	30,000
Short-term Loans	20,000
Total Liabilities	50,000

Equity	Amount (USD)
Common Stock	50,000
Retained Earnings	50,000
Total Equity	100,000

Here’s a general format for a provisional balance sheet:

Company Name Provisional Balance Sheet As of [Date]

Assets:

1. Current Assets:
   • Cash and Cash Equivalents
   • Accounts Receivable
   • Inventory
   • Prepaid Expenses
   • Other Current Assets
2. Non-Current Assets:
   • Property, Plant, and Equipment
   • Intangible Assets
   • Investments
   • Other Non-Current Assets

Total Assets

Liabilities:

1. Current Liabilities:
   • Accounts Payable
   • Short-Term Debt
   • Accrued Liabilities
   • Other Current Liabilities
2. Non-Current Liabilities:
   • Long-Term Debt
   • Deferred Tax Liabilities
   • Other Non-Current Liabilities

Total Liabilities

Equity:

• Common Stock
• Retained Earnings
• Additional Paid-in Capital
• Other Equity Items

Total Equity

Total Liabilities and Equity

Notes:

1. Provide a heading with the company name, type of financial statement, and the date as of which the statement is prepared.
2. Classify assets and liabilities into current and non-current categories based on their expected realization or settlement within the next 12 months.
3. Subtotal each category (current assets, non-current assets, current liabilities, non-current liabilities) to calculate the total assets, total liabilities, and total equity.
4. Include any additional notes or explanations for significant assumptions, estimates, or events affecting the provisional balance sheet.