In this study, it is specified \emph{the sequence space} $l\left( F\left( r,s\right),p\right) $, (where $p=\left( p_{k}\right) $ is any bounded sequence of positive real numbers) and researched some algebraic and topological features of this space. Further, $\alpha -,$ $\beta -,$ $\gamma -$ duals and its Schauder Basis are given. The classes of \emph{matrix transformations} from the space $l\left( F\left( r,s\right) ,p\right) $ to the spaces $l_{\infty },c,$ and $% c_{0}$ are qualified. Additionally, acquiring qualifications of some other \emph{matrix transformations} from the space $l\left( F\left( r,s\right) ,p\right) $ to the \emph{Euler, Riesz, difference}, etc., \emph{sequence spaces} is the other result of the paper.