Complete a set of financial statements based on transactions

Reference no: EM13903634

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.

Attachment:- acc340_financial_statement_template.xls

Reference no: EM13903634

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