cover letter (2)

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School

Rowan University *

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Course

04422

Subject

Accounting

Date

Jan 9, 2024

Type

docx

Pages

3

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Uploaded by BrigadierPowerWildcat31

1 Sharlene Joseph Van Hook, Andrew P Principles of Accounting I Nov 27, 2023 [Your Company Name] [Your Address] [City, State, Zip Code] [Date] [Client Name] [Client Company Name] All Seasons Service [Client Address] [City, State, Zip Code] Subject: Financial Statements for the Year Ended December 31, 2023 Dear [Client Name], I hope you are doing well as I write this. The All Seasons Service financial statements for the year ending December 31, 2023, are enclosed. The unadjusted trial balance that your team provided served as the basis for these statements, which have been updated to better reflect the company's financial situation. Adjustments Made:
2 Insurance: Modified to reflect the expiration of one-year contracts. $350 is estimated to be the amount of accounts receivable that are uncollectible. Depreciation: $474 in 2023 depreciation has been added. Supplies: Sorted and physically counted supplies related to the project. Statements of Finance: The balance sheet shows the owner's equity, liabilities, and assets of the corporation as of December 31, 2023. Income Statement: Shows the company's earnings for the fiscal year that concluded on December 31, 2023, with a net income of $13,877. After carefully reading these statements, please let us know if you have any questions or if more information is required. To make sure you have a thorough knowledge of your company's financial success, we advise going over these numbers with your accountant or financial counselor. For your convenience, we have included attached a worksheet that offers a thorough explanation of the changes that were performed. I appreciate the chance to help you with the preparation of your financial statements. We're excited to talk with you about these findings and answer any questions you might have. Best regards, [Your Name] Sharlene Joseph [Your Title]
3 [Your Company Name] [Your Contact Information]
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