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Monthly Return of Equity Issuer on Movements in Securities For the month ended (dd/mm/YYY) :30/09/2018To : Hong Kong Exchanges and Clearing LimitedName of Issuer Date Submitted Samsonite International

How to fill out balance at close of

How to fill out balance at close of

1. To fill out the balance at close of, follow these steps:
2. Gather all the financial documents such as bank statements, receipts, invoices, and financial reports.
3. Review the starting balance and make sure it matches the ending balance from the previous period.
4. Add up all the income received during the period, including sales, interests, and any other sources of revenue.
5. Subtract any expenses incurred during the period, such as rent, utilities, salaries, and other business costs.
6. Calculate the net income by subtracting the total expenses from the total income.
7. Update the ending balance by adding the net income to the starting balance.
8. Verify the accuracy of the calculations and make any necessary adjustments.
9. Record the closing balance in the financial statement or balance sheet.
10. Keep a copy of all supporting documents for future reference and audit purposes.

Who needs balance at close of?

1. Balance at close of is needed by businesses, organizations, and individuals who want to accurately track their financial performance.
2. It is particularly important for accountants, financial managers, and business owners who need to assess the profitability and financial health of their operations.
3. Investors and stakeholders also require a balance at close of to evaluate the financial stability and potential return on investment of a business.
4. Additionally, financial institutions such as banks and lending agencies may require the balance at close of for loan applications and credit assessments.

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