FA PH 5 Proj

/in /by
6 Excel worksheets (3 already done on previous assignment) & a memo (minimum 350–500 words)
DUE SUNDAY DEC 20th

Part 2 Tasks (Week 5)

Complete a set of financial statements based on the transactions and general ledger from the Phase 4 IP. The financials to be completed on an Excel spreadsheet are the following:


  • Income statement
  • Statement of owners’ equity
  • Balance sheet


Based on the financial statements, prepare a memo to the President of LMO Company as to the financial performance of your company. Include the following:


  • 3 strategies that the company can employ to improve its performance and increase net income
  • Explanation of who might use the financial statements



  • Be sure to include internal and external users.