3.3 - Explain how Businesses estimate income. 
Task 1 - Watch the videos below
Task 1a - Complete the 3 Activities set in MS Teams in your assignments 
Balance Sheet and Profit and Loss Information
Worksheet from Two Teachers Video
You must then explain in your own words by using the information in the bullet points below on how Businesses would use the documents you have completed in your task. 
Forecasting sales over a specified period of time
Estimation of additional income
Calculate known expenditure including tax

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