
Get the free Financial Statements and Income Tax Returns for the year ended 30 June 2016
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CLIENT CHECKLIST 2016
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Financial Statements and Income Tax Returns
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What is financial statements and income?
Financial statements and income refer to the documents that summarize financial activity and performance of a business, including income, expenses, assets, liabilities, and equity.
Who is required to file financial statements and income?
Businesses, organizations, and individuals who earn income are required to file financial statements and income tax returns.
How to fill out financial statements and income?
Financial statements and income tax returns are typically filled out using accounting software or by hiring a professional accountant.
What is the purpose of financial statements and income?
The purpose of financial statements and income is to provide an overview of a business's financial health and performance to investors, creditors, and other stakeholders.
What information must be reported on financial statements and income?
Financial statements and income typically include information on revenues, expenses, profits, assets, liabilities, and equity.
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