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(130th General Assembly) (Substitute House Bill Number 552) AN ACT To enact sections 9.57 and 3701.69 of the Revised Code to require the distribution of information on Down syndrome under certain
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An act-down is a financial statement that shows an organization's assets, liabilities, and equity at a specific point in time.
Certain organizations like corporations, non-profit organizations, and government entities are required to file an act-down.
To fill out an act-down, you need to gather financial information about your organization, including assets, liabilities, and equity, and then organize it into a formal statement.
The purpose of an act-down is to provide stakeholders with a snapshot of an organization's financial position.
An act-down must include information about an organization's assets, liabilities, and equity, as well as any relevant notes or disclosures.
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