PURPOSE The purpose of this assignment is to enhance learners' understanding of the users of accounting information and enhance learners' skills to analyse business transactions and prepare journal entries, trial balances, and financial statements. REQUIREMENT Answer all the questions and show your detailed workings clearly and systematically. ASSIGNMENT 1 : (CLO1) a) The primary goal of accounting is to provide information to an organization's users in order for them to make better decisions. Discuss the information needs of internal and external users in making better decisions. b) Mr. Adam commenced his audit firm on 1 January 2023. Prepare the journal entries for the following transactions during January 2023