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500 words that addresses the following topic: Explain the impact of accounting transactions in financial statements. Describe the elements and purpose of each financial statement.

500 words 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.

formatted according to APA 6th edition guidelines, and you need to use at leastone external reference.

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