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4384:Clayton South Primary School General LedgerBalance Sheet Specific Period As at 30 June 2021 Currently bioaccumulated Funds856,720.37816,942.82Total Funds856,720.37816,942.829,944.00 27,665.27 16,520.07 561,031.00 7,793.00 46,940.000.00 27,665.27 16,520.07 561,031.00 7,793.00 46,940.00669,893.34659,949.34153,234.43 16,928.90 14,697.80 3,367.93156,295.97 3,444.41 1,652.00 5,594.44188,229.06163,682.82858,122.40823,632.161,146.76 0.00 255.276,689
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How to fill out balance sheet specific period

01
Gather financial information such as assets, liabilities, and equity for the specific period.
02
List all the assets on the left side of the balance sheet, categorizing them as current or long-term.
03
List all the liabilities on the right side of the balance sheet, categorizing them as current or long-term.
04
Calculate the total assets and total liabilities separately.
05
Calculate the equity by subtracting total liabilities from total assets.
06
Ensure that the balance sheet balances, with total assets equaling total liabilities and equity.

Who needs balance sheet specific period?

01
Business owners who want to assess the financial health of their company for a specific period.
02
Investors who are interested in evaluating the performance and stability of a company over a certain period of time.
03
Lenders or creditors who require financial statements to determine creditworthiness and financial stability.
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The balance sheet specific period is a snapshot of the financial position of a company at a particular point in time.
All companies are required to file a balance sheet specific period as part of their financial reporting requirements.
To fill out a balance sheet specific period, you need to list all assets, liabilities, and equity of the company at the specific point in time.
The purpose of the balance sheet specific period is to provide a clear picture of the financial health of a company at a specific point in time.
The balance sheet specific period must report the company's assets, liabilities, and equity as of the specific point in time.
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