ACC/290:PRINCIPLES OF ACCOUNTING week 1

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 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.