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STATEMENT OF FINANCIAL POSITION (Form 7) 31 December 2016 “GLOBAL CREDIT ECO CSC, 2/251 Sasha Three, Larva (thousand dram)NAME1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.1 1.111 Assets Cash and bank accounts
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What is statement of financial position?
The statement of financial position is a financial statement that shows the financial position of a company at a specific point in time.
Who is required to file statement of financial position?
Companies, corporations, and other business entities are required to file a statement of financial position.
How to fill out statement of financial position?
The statement of financial position is typically filled out by documenting the company's assets, liabilities, and equity at a specific date.
What is the purpose of statement of financial position?
The purpose of the statement of financial position is to provide stakeholders with an overview of the company's financial health and position.
What information must be reported on statement of financial position?
Information such as assets, liabilities, and equity must be reported on the statement of financial position.
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