Acc 547 Week 1 Memo

Personal Budget, Balance Sheet, and Cash Flow Statement ACC/547 April 30, 2012 Kristen Debbis record TO: Mr. Boss, TT Accounting Firm FROM: CPA DATE: April 30, 2012 equal to(p): Summaries and Recommendations An abundance of contributing factors last that help determine integritys financial triumph or failure. Amongst these entities be both statistical and numerical facts and several(prenominal) other key items. Some of the indispensable facts should include the ages of a client, their spouse, children and dependents, educational backgrounds, and the tally or families income. separate key or in-chief(postnominal) items that may be needed are to be outlined in profession completelyy prepared personal budgets, ratio sheets and cash flow statements. Major concerns and goals are to a fault important to note within these documents. The goal of this memo is to psychoanalyze all of the above mentioned items for Kristina S. Wang. Recommendations will also be presented in fix up to assist Miss Wang in ameliorate her overall financial situation. Summary of the Facts Kristina and her fiancé, Robert Tate are both 29 twelvemonths of age.

They soon reside in New York City, NY with their 2 year senile daughter, Emma Wang-Tate. Kristina is currently attending Pharmacy School, and antecedently earned her Bachelors of cognition in Registered Nursing. Robert received his Associates of Arts in Criminal nicety and plans to begin his Bachelors in the near futur e. though Kristina is a amply sequence ! learner, she manages to work part time at a local bar. Robert works two jobs to substitute his family; one as a dispatcher for the Sheriffs means and the other as a Fire Fighter. Kristina makes $30,000 a year and Robert makes $45,000. Between the couple they owe close to $50,000 in student loans, which is a major concern to them. Though Kristinas impertinent career is authorized to be lucrative, the payments for this debt will be substantial. some other concern is...If you require to get a full essay, articulate it on our website: BestEssayCheap.com

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