1 Excel Sheet and 1 Memo
, assignment should be
completely Original Writing
So your new accountant could practice the budgeting process in your for-profit company, you want her to compare budgeting methods for two different kinds of entities.
You give her information for a for-profit and for a nonprofit entity and ask her to complete the following:
Given the assumptions and data in this Excel file:
- complete next year’s budgeted figures for each entity within the same Excel worksheet (yellow cells)
- include your reasoning for most of the budgeted figures (green cells)
Because of a bad recession, government grants were not cut by 50% but are eliminated completely for next year’s budget and fundraising efforts—despite an increase in expenses—did not improve at all.
memo of 300–400 words
explaining what you would recommend that the museum manager do.
16 mins ago