Identify the 4 basic financial statements, accounting homework help

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Business Finance

Description

  • Identify the 4 basic financial statements.
  • Describe the purpose of each of the 4 financial statements.
  • Discuss the types of accounts that are found on each statement.
  • 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.

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Financial Statements Outline
1.

Identify the four basic financial statements

2.

Describe the purpose of each of the 4 financial statements

3.

Discuss the types of accounts that are found on each statement

4.

Discuss how the financial statements would be useful to internal users, such as
managers and employees.

5.

Discuss how the financial statements would be useful to external users, such as
investors and creditors.


Running head: FINANCIAL STATEMENTS

Financial Statements
Student’s Name
Institutional Affiliation

1

FINANCIAL STATEMENTS
1.

2

Identify the four basic financial statements
A financial statement records the financial activities of an organization. They quantify the

financial strength and liquidity of the company. According to Franzone (2014), financial
statements give readers information on the financial results or performan...


Anonymous
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