Question

Can someone make income statement ,balance sheet and cash flow statement based on estimated cost.

Estimate your fixed costs (£)
Item	Fixed Cost
Rent	36,000
Insurance	11,000
Salaries	162,000
Utilities (bills)	3500
Marketing	42,700
Depreciation	3,400
TOTAL FIXED COSTS	258600
Estimate Startup Costs (only for the first Year)
Item	Startup Cost
Company Registration & government fees	16,000
Office Supplies (PC, Laptops, Printers, fittings..etc)	17,000
Social Media Campaign	18,000
Video Production…	3000
App Development	40,000
TOTAL STARTUP COSTS	94000
..
Estimate Variable Costs (APP)
Item	Cost per year
APP maitenance costs	8000
APP store costs	100
Costs testing across devices	4000
Cross-platform development costs	6000
APP support	1500
Regulatory APP updates	3000
TOTAL VARIABLE COSTS	14600

Answer 1

Note :-

1. In absense of any information, one time expenses are treated as assets. we may also treat that as revenue expenses, but effect in financial statement will change.