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ACC 290 ( Principles Of Accounting I )

Week 1 Individual Financial Statements Paper

Write a 700- to 1,050-word paper in which you do the following:

• Identify the four basic financial statements.
• Describe the purpose of each of the four financial statements.
• Discuss how the financial statements would be useful to internal users, such as to managers and employees.
• Discuss how the financial statements would be useful to external users, such as investors and creditors.

Format the paper consistent with APA guidelines.