Josey started a business called music and memories™. she recognized that music, socialization, and memory-challenging activities for senior citizens maintain their cognitive skills for longer periods of time. though she strives for a financial gain, she uses the excess funds for enriching her programs instead of a personal profit. music and memories™ is best classified as a(n) organization.

Music and memories™ is best classified as a "non-profit" organization.

A non-profit organization (NPO) is one which isn't driven by benefit yet by commitment to a given reason that is the objective of all wage past what it takes to run the association.  

Non-profit organizations are regularly utilized for trusts, cooperatives, backing, philanthropy, natural and religious gatherings.  

Numerous however not all NPOs have paid staff in administration positions; all utilization volunteers. NPOs have no proprietors for surplus benefits to go to and any surplus subsequent to working costs are utilized to encourage its objectives as opposed to being conveyed between individuals or representatives of the organization.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

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