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Monthly Return of Equity Issuer on Movements in Securities
For the month ended
(dd/mm/YYY) :30/04/2018To : Hong Kong Exchanges and Clearing LimitedName of Issuer
Date SubmittedSansheng Holdings (Group)
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How to fill out balance at close of
01
To fill out the balance at close of, follow these steps:
02
Open the balance sheet or financial statement of your company.
03
Locate the 'Closing Balance' section on the balance sheet.
04
Take note of the opening balance and any transactions that occurred during the period.
05
Add up the total of all the debit entries and credit entries separately.
06
Calculate the net difference between the total debit and total credit entries.
07
Add the net difference to the opening balance.
08
The resulting amount is the balance at close of.
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01
Balance at close of is needed by businesses and organizations to assess their financial position at the end of a specific period.
02
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03
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What is balance at close of?
Balance at close of refers to the final amount of funds or resources remaining at the end of a specific period, such as a fiscal year or accounting period.
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Businesses, organizations, and individuals who are required by law or regulations to maintain financial records and report their financial position are required to file balance at close of.
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To fill out balance at close of, one must gather all financial information, including assets, liabilities, and equity, and calculate the final balance based on these figures.
What is the purpose of balance at close of?
The purpose of balance at close of is to provide an accurate snapshot of an entity's financial position at the end of a specific period, which can be used for decision-making, planning, and reporting purposes.
What information must be reported on balance at close of?
Information such as assets, liabilities, equity, revenues, expenses, and net income must be reported on balance at close of.
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