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California FORM 700 (LAST) — CIT., I -R1E(P l. STATEMENT OF ECONOMIC INT. Y OF Jill: FAIR POLITICAL PRACTICES COMMISSION 51 A PUBLIC DOCUMENT Please type or print in ink. NAME OF FILER COVER PAGE
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r1e p l stands for 'revenue, expenses, and profit/loss'. It is a financial statement that summarizes the financial performance of a business.
All businesses, including sole proprietorships, partnerships, and corporations, are required to file r1e p l.
To fill out r1e p l, you need to gather your revenue and expense information from your financial records. Then, calculate the profit or loss by subtracting expenses from revenue and enter the values in the appropriate sections of the r1e p l form.
The purpose of r1e p l is to provide an overview of a business's financial performance over a specific period, helping stakeholders assess its profitability and make informed decisions.
On r1e p l, you must report your total revenue, cost of goods sold, operating expenses, and any other income or expenses relevant to your business operations.
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