Get Ph Statement Of Assets Liabilities And Net Worth
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How to fill out the PH Statement of Assets Liabilities and Net Worth online
Filling out the PH Statement of Assets Liabilities and Net Worth is an essential process for public officials and employees in the Philippines. This guide will provide you with straightforward, step-by-step instructions to complete the form online, ensuring all necessary information is accurately represented.
Follow the steps to complete the PH Statement of Assets Liabilities and Net Worth online.
- Begin by selecting the ‘Get Form’ button to access the PH Statement of Assets Liabilities and Net Worth form. This will open the form in the online editor.
- Enter your name, including your surname, first name, and middle initial. This section also requires your position and office details.
- Provide your residential address along with your office address. Make sure to fill in all the necessary fields correctly.
- Indicate your marital status by selecting whether you are married or not. If you are married, provide your spouse’s name, position, and office details similarly.
- List any unmarried children below 18 years of age living in your household. Include their names and dates of birth in the designated section.
- Proceed to fill out the assets section. Start with real properties, detailing each property's kind, nature, location, acquisition mode, assessed value, fair market value, and acquisition cost.
- Next, fill out the personal properties and other assets. Indicate whether they are tangible or intangible, along with their acquisition costs.
- Complete the liabilities section by listing each creditor's name and the outstanding balance for each liability.
- Calculate your total net worth by subtracting total liabilities from total assets, and enter the final net worth amount in the designated field.
- Document your gross income sources from the preceding calendar year. List each source and the corresponding amount received.
- Detail your personal expenses, grouping by estimated family expenses and providing total amounts within the section.
- If applicable, describe any business interests or financial connections. Record the name of the business, its address, nature of the business, and date of acquisition.
- Identify any relatives in government, including their names, relationships, positions, and office addresses.
- Finally, review all entries for accuracy. Provide your signature, date, and ensure the form is properly submitted.
- Once completed, you can save changes, download, print, or share the form as needed.
Complete the PH Statement of Assets Liabilities and Net Worth online today to ensure compliance and transparency.
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Liabilities on the net worth statement should be recorded clearly and accurately to reflect all outstanding debts. These may include loans, mortgages, and other financial obligations. It's crucial to maintain transparency to provide an accurate picture of your financial situation in the PH Statement of Assets, Liabilities, and Net Worth.
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