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Voucher No. VIDSIDSMART VI SMART SFX TRAVEL PAYMENT VOUCHER User No. Document Date: 9/1/2015 Modified Date: Document No. 1477818 R 1 9/1/2015 Vendor Information Kansas State University Vendor Alpha
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Out of balance refers to a situation where the total debits do not equal the total credits on a financial statement.
Any entity or individual responsible for preparing financial statements is required to file out of balance.
To fill out out of balance, one must review all debits and credits on the financial statement and make adjustments until the totals are in balance.
The purpose of out of balance is to ensure the accuracy and integrity of financial statements by reconciling any discrepancies between debits and credits.
The information reported on out of balance includes details of the adjustments made to reconcile the debits and credits.
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