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College Action Project Update Form
Grand Rapids Community College
NOTE: This project update will be provided to SLT members one week prior to SLT meeting where project is
discussed.
Update Date: 10/11/2011
CAP
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Cap 2 refers to Capital Account Form 2, which is a form used to report certain financial information related to capital accounts.
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Partnerships and limited liability companies are required to file cap 2.
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Information about capital contributions, distributions, allocations, and ownership changes must be reported on cap 2.
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