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Write a 500 – 750 word paper that addresses the following topic:Explain the impact of accounting transactions in financial statements.

Write a 500 – 750 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.

Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least one external reference.