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Product Description
For Final Project Two, you will use the Final Project Two Student Workbook Excel spreadsheet provided for you
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SPARK Organization
SPARK was incorporated as a nonprofit voluntary health and welfare organization on January 1, 2015. During the fiscal year ended December 31, 2015, the following transactions occurred:
1. A business donated rent-free office space to the organization that would normally rent for $ 16,000 a year.
2. A fund drive raised $ 120,000 in cash. A state government grant of $ 50,000 was received for program operating costs.
3. An administrator was hired to administer the program services and support services of the organization. The administrator was paid $ 92,000 for the year, which included fringe benefits. Part-time clerical help was paid $ 26,000 for the year. At year-end, $ 18,000 of the salaries and wages remained unpaid.