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Net b is a calculation that shows the total amount of assets plus liabilities in a business or personal financial statement.
Any individual or business entity that meets the filing requirements set by the relevant tax authority.
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The purpose of net b is to provide a snapshot of an individual or business's financial position at a specific point in time.
Information such as cash, investments, property, loans, debts, and other financial assets and liabilities must be reported on net b.
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