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Cheltenham Borough Council Draft Statement of Accounts 2021/22Contents Page(s) 3 11Our Narrative Report12Statement of Responsibilities for the Statement of Accounts13Comprehensive Income and Expenditure
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Include the reporting period for the statement, typically covering a specific time period such as a month or a year.
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List the various financial transactions that occurred during the reporting period, including income, expenses, assets, and liabilities.
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Calculate the total amount for each category and ensure that debits and credits are balanced.
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A draft statement of accounts is a preliminary financial report that provides an overview of an organization's financial status and performance.
Businesses and organizations, including non-profit entities, are required to file draft statement of accounts.
Draft statement of accounts can be filled out by compiling financial information such as income, expenses, assets, and liabilities.
The purpose of draft statement of accounts is to provide stakeholders with a snapshot of an organization's financial health and performance.
Information such as income, expenses, assets, liabilities, and equity must be reported on draft statement of accounts.
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