Accounting Memorandum



Accounting Memorandum

To: Abel Terrio, Owner of Jackson Company

From: , Accountant at Jackson Company

February 24, 2013

Subject: Clarification for loss incurred in 2011

The purpose of this memo is to clarify the doubts of Owner of company “Jackson” name Abel Terrio. It can be said that this memo will help the owner in understanding the information given in income statement of 2011. It is a fact that the preparation of income statement is a complex task and understanding the number is also a difficult task. The inquiry of the owner showed that he is confused in understanding the income statement. ...