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Date The Manager National Development Bank PLC Branch Address Dear Sir CONFIRMATION OF BALANCES Name of Account No Identity Card No 1. Please be good enough to issue a balance confirmation as at Date
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What is confirmation of balances?
Confirmation of balances is a process of verifying the accuracy of financial information by obtaining confirmation from third parties.
Who is required to file confirmation of balances?
Entities required to file confirmation of balances include businesses, organizations, and individuals who need to verify their financial statements.
How to fill out confirmation of balances?
Confirmation of balances can be filled out by obtaining confirmation from third parties such as banks, creditors, and suppliers.
What is the purpose of confirmation of balances?
The purpose of confirmation of balances is to ensure the accuracy and completeness of financial information reported in the financial statements.
What information must be reported on confirmation of balances?
Information reported on confirmation of balances typically includes account balances, transactions, and any discrepancies.
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