800–1,250 words
Write a paper in which you do the following:
- 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.