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Identify four basic financial statements

Question 1: Identify the four basic financial statements.

Question 2: Describe the purpose of each of the four financial statements.

Question 3: Discuss how the financial statements would be useful to internal users, such as to managers and employees.

Question 4: Discuss how the financial statements would be useful to external users, such as investors and creditors.

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Accounting Basics: Identify four basic financial statements

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