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MEMORANDUM TO: FROM: DATE: RE:Board of Directors Joanne Carr, Board Secretary January 31, 2019, Workshop Agenda for February 5, 2019AGENDA 10:00 a.m. Budgets 10:15 a.m. Gaming Authority Meeting 11:00
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Legal closed refers to the financial documents and reports that must be filed by a business or organization to close out their financial activities for a specific period of time.
All businesses and organizations are required to file legal closed in order to provide an accurate representation of their financial activities for a specific period of time.
Legal closed can be filled out by compiling all relevant financial documents, including income statements, balance sheets, and cash flow statements, and reporting the necessary information in the designated forms provided by the regulatory authorities.
The purpose of legal closed is to provide stakeholders, such as investors, creditors, and regulatory authorities, with an accurate snapshot of a business or organization's financial performance and position for a specific period of time.
Legal closed must include financial statements, profit and loss accounts, balance sheets, cash flow statements, and any other relevant financial information that accurately reflects the financial activities of a business or organization for the specified period of time.
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