(Objectives of this case study) To understand the application of accounting principles in recording of financial transactions To analyze the treatment of adjustment entries in the preparation of final accounts Case 1. The image given below shows one of the basic concept in accounting. Identify the concept related and answer the following questions in your own words. Users of Accounting Information > Owners Internal Users > Managers > Investors S >Lenders Suppliers Customers Tax Authorities > Government > Auditors > Public External Users > Employees Answer the following Questions (1 mark each question) a. Explain two uses of accounting information for each of the above users. b. Which of the financial statements are used by each user? c. What is the use of accounting information to public? d. Which are the most important users who need accounting information more frequently? e. Mention with objective of any other three users who are not stated in the image