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PERIODIC DISCLOSURES Valuation of net liabilities FORM L24 Insurer: Sriram Life Insurance Date: (Rs in Lakhs) Valuation of net liabilities SL. No. 1 a b c d 2 a b c d Particular Linked Life General

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How to fill out as at31st march

How to fill out AS at 31st March:

01

Start by gathering all relevant financial information for the period ending on 31st March. This may include income statements, balance sheets, cash flow statements, and any other relevant financial documents.

02

Review the financial data to ensure its accuracy and completeness. Double-check all calculations and verify that all transactions have been recorded correctly.

03

Organize the financial information into the prescribed format for the AS at 31st March. This typically involves categorizing the data into specific sections such as assets, liabilities, equity, revenue, and expenses.

04

Prepare the balance sheet by listing all assets on one side and all liabilities and equity on the other side. Calculate the total of each section and ensure that the balance sheet balances.

05

Prepare the income statement by listing all revenues and deducting all expenses. Calculate the net income or loss for the period.

06

Prepare the cash flow statement by categorizing cash inflows and outflows into operating, investing, and financing activities. Calculate the net increase or decrease in cash for the period.

07

Complete any additional sections or schedules that may be required, such as notes to the financial statements or supporting documentation.

Who needs AS at 31st March:

01

Businesses: Companies of all sizes, including corporations, partnerships, and sole proprietorships, need to prepare an AS at 31st March to assess their financial position at a specific point in time. This information is essential for financial analysis, decision-making, and compliance with accounting standards.

02

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03

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04

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In conclusion, filling out the AS at 31st March requires careful gathering and organization of financial information, as well as preparing the balance sheet, income statement, and cash flow statement. This process is essential for businesses, investors, creditors, and regulatory authorities to assess the financial position of a company and make informed decisions.

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What is as at31st march?

AS at 31st march refers to the financial position of a company or individual as of the date 31st March.

Who is required to file as at31st march?

Companies, individuals, and other entities are required to file AS at 31st march if they are required to submit financial reports.

How to fill out as at31st march?

AS at 31st march can be filled out by compiling all relevant financial information and reporting it accurately.

What is the purpose of as at31st march?

The purpose of AS at 31st march is to provide an accurate snapshot of a company's or individual's financial position at a specific point in time.

What information must be reported on as at31st march?

Information such as assets, liabilities, equity, income, and expenses must be reported on AS at 31st march.

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