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6292018 12:04 PARASITES MUNICIPAL WATER DISTRICT REVENUE/EXPENDITURES STATEMENT PROPOSED BUDGET FOR 2018/2019PAGE:111 GENERAL FUND FINANCIAL SUMMARY BUDGET REV./EXP. DEPARTMENT GEN MGR BOARD 20172018 T0:30Jun18 REQUESTED RECOMMENDED APPROVED ___ REVENUE

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How to fill out revenueexpenditures statement

01

To fill out a revenue-expenditures statement, follow these steps:

02

Gather all relevant financial information, such as income statements, balance sheets, and cash flow statements.

03

List all sources of revenue for the specified time period, such as sales revenue, interest income, and investment income.

04

Calculate the total revenue by summing up the individual revenue sources.

05

List all types of expenditures, such as operating expenses, salary and wages, taxes, and interest expenses.

06

Calculate the total expenditures by summing up the individual expenditure types.

07

Calculate the net income or loss by subtracting the total expenditures from the total revenue.

08

Provide any additional information or notes that may be relevant for understanding the financial situation.

09

Double-check all calculations and ensure the statement is accurate and complete.

10

Prepare the revenue-expenditures statement in the required format and submit it to the appropriate recipient, such as tax authorities or financial institutions.

Who needs revenueexpenditures statement?

01

Various entities and individuals may need revenue-expenditures statements, including:

02

- Businesses and corporations required to report their financial performance to stakeholders, such as shareholders and investors.

03

- Government agencies and non-profit organizations to track and manage their revenues and expenditures.

04

- Individuals for personal financial planning and tax purposes.

05

- Financial analysts and investors who analyze financial statements to evaluate the financial health and performance of organizations.

06

- Lenders and creditors who assess the creditworthiness and repayment capacity of borrowers.

07

- Auditors and accountants responsible for auditing or preparing financial statements.

08

- Regulatory bodies and tax authorities for compliance and enforcement purposes.

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What is revenueexpenditures statement?

Revenueexpenditures statement is a financial document that shows the income and expenses of an organization over a specific period of time.

Who is required to file revenueexpenditures statement?

Non-profit organizations, businesses, and other entities are required to file revenueexpenditures statements.

How to fill out revenueexpenditures statement?

To fill out a revenueexpenditures statement, you will need to gather information on all sources of income and expenses for the organization, then report them accurately on the statement.

What is the purpose of revenueexpenditures statement?

The purpose of revenueexpenditures statement is to provide stakeholders with a clear understanding of the organization's financial performance and position.

What information must be reported on revenueexpenditures statement?

Information such as revenue from sales, grants, donations, expenses for salaries, rent, utilities, and other operating costs must be reported on revenueexpenditures statement.

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