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FIRST PLACE FOR YOUTH ___FINANCIAL STATEMENTS June 30, 2019 (with summarized comparative totals for 2018)FIRST PLACE FOR YOUTH ___TA B L EO FCO N T E N T SPage(s) Independent Auditors Report12Financial
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Financial statements for June 30 are formal records that outline the financial activities and position of an organization as of that date, including the balance sheet, income statement, and cash flow statement.
Organizations such as corporations, partnerships, and nonprofits that are legally required to report their financial performance and condition must file financial statements by June 30.
To fill out financial statements for June 30, gather and compile accurate financial data, adhere to the standard accounting principles (GAAP or IFRS), and complete the requisite forms including a balance sheet, income statement, and cash flow statement.
The purpose of financial statements for June 30 is to provide stakeholders with a clear and accurate picture of an organization's financial health, performance, and cash flow.
Financial statements for June 30 must report total assets, total liabilities, net income, revenue, expenses, and cash flow from operating, investing, and financing activities.
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