I am working through this nonsense for the disclosure of the CA balance sheet on a 2022 565. Form instructions have not been issued
https://www.ftb.ca.gov/forms/2022/2022-565-booklet.html
so I am not sure about the mechanics. I have a balance sheet as of 12/31/21, and I am inclined to just restate all beginning balances (balance sheet, M-2, K-1 capital accounts) to conform to this new balance sheet. How are others handling this?
Thanks.