Explain the impact of accounting transactions in financial statements. Describe the elements and purpose of each financial statement. Discuss the components and use of financial analysis.

Accounting transactions and financial statements

Instructions:

Write a 550 – 650 word paper that addresses the following topic:

-Explain the impact of accounting transactions in financial statements.

-Describe the elements and purpose of each financial statement.

-Discuss the components and use of financial analysis.

The paper must be formatted according to APA 6th edition guidelines, and you need to use at least two external reference. To maximize grade, be sure to use the proper organization (intro, body, conclusion) and follow APA style.