Spark Organization ACC 322 Accounting Case Memo Write Up
Spark Organization ACC 322 Accounting Case Memo Write Up
Spark Organization ACC 322 Accounting Case Memo Write Up
a) Analyze all transactions in the Final Project Two Case Study document and Final Project Two
Student Workbook spreadsheet to determine proper handling.
FOR SOLUTION PLEASE DOWNLOAD THE EXCEL FILE ON SCRIBD WITH NAME
a) Analyze the results of operations, including what the results tell the readers about the
organization.
b) Explain what the statements tell about the strengths and weaknesses of the organization’s
financial position.
c) Discuss how the accounting and statements would be different if the organization was for-
profit.
d) Discuss how the accounting and statements would be different if the organization was
government-operated.
SAMPLE: For Full Memo, Please download the file.
Date: XXXXX
To
Mr. XYZ
Dear Sir,
We have analyzed the results of Spark Organization and have made the following
observation on the overall financial position in terms of strength and weakness.
The organization during the year ended December 31, 2015 collected $190,000 from
contributions, 63% raised through fund drive of which $118,000 has been paid to employees for
their services, $13,900 paid to suppliers and $5,000 spend for purchasing an office equipment. At
the year end the organization is left with $33,100 cash balance. This when compared with current
liabilities of $21,800 against accrued payment to employees and suppliers provide not very great
comfort. Starting next year with lower cash balance and outstanding current liabilities will create
liquidity pressure on the organization and will put the focus on cash donation or raising money
through another major fund drive.