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Prudential BSN Tactful Broad (Company No. 200601020898 (7 40651H)) (Incorporated in Malaysia)Financial statements for the financial year ended 31 December 2022Prudential BSN Tactful Broad (Company

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How to fill out financial statements and funds

01

To fill out financial statements and funds, follow these steps:

02

Start by gathering all necessary information such as income statements, balance sheets, and cash flow statements.

03

Begin with the income statement, which summarizes the revenue and expenses of the business over a specific period of time.

04

Next, move on to the balance sheet, which provides an overview of the company's assets, liabilities, and shareholders' equity at a particular point in time.

05

Complete the cash flow statement, which tracks the inflows and outflows of cash within the company.

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Ensure that all figures are accurate and properly categorized. Double-check calculations and verify the source of information.

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Review the financial statements for any discrepancies or unusual trends. Investigate and correct any issues found.

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Who needs financial statements and funds?

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Financial statements and funds are needed by various entities, including:

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- Financial institutions: They require financial statements to assess the creditworthiness of individuals or businesses seeking loans or other financial services.

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What is financial statements and funds?

Financial statements are formal records of the financial activities and position of a business, organization, or individual. Funds refer to the financial resources available for spending or investment.

Who is required to file financial statements and funds?

Generally, businesses, corporations, and other organizations, especially those that are publicly traded or seeking funding, are required to file financial statements. Legal entities may also have specific legal requirements based on their jurisdiction.

How to fill out financial statements and funds?

To fill out financial statements, gather all financial data, including income, expenses, assets, and liabilities. Use standardized forms and adhere to applicable accounting principles, ensuring accuracy and completeness.

What is the purpose of financial statements and funds?

The purpose of financial statements is to provide an overview of the financial performance and position of an entity, aiding stakeholders in decision-making. Funds are utilized for budgeting, resource allocation, and investment strategies.

What information must be reported on financial statements and funds?

Financial statements must typically report on revenues, expenses, net income or loss, assets, liabilities, and equity. Additional notes may provide further context to the numbers.

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