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Get 2012-2013 Asset Information - Acc Home
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How to fill out the 2012-2013 Asset Information - ACC Home online
Filling out the 2012-2013 Asset Information - ACC Home form is a crucial step in the financial aid process. This guide provides clear instructions to help users complete the form accurately and efficiently to ensure their applications are processed without delays.
Follow the steps to complete your asset information form online.
- Press the ‘Get Form’ button to access the form and open it in your document editor.
- Begin by entering your student information in section A. Input your last name, first name, middle initial, social security number, and date of birth in the designated fields. Ensure that all information is accurate to avoid processing delays.
- Proceed to section B for asset information. Report amounts based on the date you signed and submitted the Free Application for Federal Student Aid (FAFSA). If you are a dependent student, make sure to include your parents' assets.
- For the first asset field, enter your total balance of cash, savings, and checking accounts in the 'Student & Spouse Amount' column and your parents' total in the 'Parent(s) Amount' column. If an item does not apply, write 'NA' for that amount.
- Next, report the net worth of your investments excluding your or your parents' family home. Make sure to include the market value minus any related debts for each investment type listed.
- Fill out the net worth of your businesses and/or investment farms, excluding your family farm. Provide accurate market values and ensure debts related to the business or investment farm are reported correctly.
- In section C, sign and date the certification statement to confirm that all reported information is accurate and complete. If you are a dependent student, ensure that at least one parent signs the form as well.
- Finally, review all entered information for accuracy. Save your changes, and download, print, or share the completed form as needed.
Complete and submit your 2012-2013 Asset Information - ACC Home form online today to ensure timely processing of your financial aid application.
Where Is Accumulated Depreciation Recorded? Accumulated depreciation is recorded as a contra asset via the credit portion of a journal entry. Accumulated depreciation is nested under the long-term assets section of a balance sheet and reduces the net book value of a capital asset.
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