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GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) NOTES TO THE FINANCIAL STATEMENTSTable of Contents Page Note 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES×1 Note 2 Reconciliation of District wide
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Note 1 summary provides a concise overview of key information disclosed in the financial statements.
The entity or organization preparing the financial statements is required to include note 1 summary.
Note 1 summary is typically filled out by summarizing important details from the financial statements in a clear and concise manner.
The purpose of note 1 summary is to provide readers with a quick understanding of the key information presented in the financial statements.
Information such as the entity's name, nature of business, accounting policies, and key financial highlights must be reported on note 1 summary.
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