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Other Comprehensive Basis of Accounting (OCHOA) Modified Accrual Basis (F196) Notes to the Financial StatementsTable of Contents Page Note 1: Summary of significant accounting policies 1 NOTE X: DEPOSITS
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Notes to form financial are additional information provided in a financial statement that explain the figures and highlight important details.
Companies, organizations, and entities that are required to prepare financial statements are also required to file notes to form financial.
Notes to form financial should be filled out with relevant information explaining the numbers in the financial statement clearly and accurately.
The purpose of notes to form financial is to provide additional context, explanation, and clarification to the numbers presented in the financial statement.
Information such as accounting policies, significant accounting estimates, contingencies, and related party transactions must be reported on notes to form financial.
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