False. The balance sheet is a summary of the accounts on a specific day and has no relation to the future. It is a summary of the impact of past events on the accounts, but has no input from future events. If the business event occurred in the past, it's effect on the balance sheet will be accounted for already in the balance sheet. If it is a future event, it is irrelevant to that day's balance sheet. The balance sheet is NOT a record of events. The general ledger's journal entries are records of events, ie. transactions.
Expected future events will be reported in the notes to the financial statements so long as they adhere to the requirements for materiality.