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Accounting week 1 due 23

Write a 350 word summary 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.
  • Describe how the financial statements are interrelated.

Format the summary consistent with APA guidelines.
Please make sure to review the attached grading rubric for details on how this assignment will be graded.


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