Examlex

Solved

What Is a Pro Forma Sources and Applications of Funds

question 78

Essay

What is a pro forma sources and applications of funds statement? Give examples of sources and used of funds.


Definitions:

Effective

Producing the intended or desired result.

Dishonors

Refers to the failure to fulfill an obligation, especially the failure of a bank to pay a check or note when presented.

Sufficient Funds

The necessary amount of money available to complete a transaction or meet financial obligations.

Liable

Being legally responsible or obligated to make amends for harm caused to another person or property.

Related Questions