Write a 3 page paper addressing the following topics:
· 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.
When responding to essay requirements, be as specific as you can, e.g., –
– How do you record a financial transaction? What is their impact? Transactions are record in the journal and subsequently posted to their specific ledger accounts.
– In brief, what does each of the 4 financial statements tell a prospective investor?
– What are some of the specific tools/techniques used by financial analysts (e.g., ratios, vertical, horizontal analysis, other)? When possible, demonstrate/apply the tool in use.
Must include cover page, abstract, 3 full pages of paper content and reference page. Be sure to follow APA style for entire paper. Paper will be submitted through Turnitin.