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Financial statements of Calgary Center for Performing Arts (Operating under the name Arts Commons) August 31, 2020Independent Auditors Report12Statement of operations and changes in fund balances3Statement
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Financial statements are a formal record of the financial activities and position of a business, person, or other entity.
Businesses, organizations, and individuals may be required to file financial statements depending on their legal structure and jurisdiction.
Financial statements are typically filled out by entering data on income, expenses, assets, liabilities, and equity into a designated template or software.
The purpose of financial statements is to provide information about the financial performance, position, and cash flows of an entity, which is useful for decision-making by stakeholders.
Financial statements typically report on income, expenses, assets, liabilities, and equity of an entity.
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