Explain the impact of accounting transactions in financial statements. Describe the elements and purpose of each fina

Instructions

Write a 500 – 750 word project 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.

Your project must be formatted according to APA 6th edition guidelines, and you need to use at least one external reference. Saveyour file as "LastnameFirstinitial-ACCT105-3."

Submit your work by midnight ET on Day 7 (Sunday).

Note that your attached project will automatically be submitted to Turnitin, and an Originality Report should be sent back to the classroom within around 15 minutes. The Originality report does not actually recommend changes. It does point out where you may need to add a citation or quotation marks (if not already cited). Once you use it a few times, you will appreciate this tool, as it will assist you in improving quality and content, as well as avoid plagiarism. Your goal is to keep direct quotations to a minimum and to make sure that you do not just cut and paste material. Ensure that all your references are cited. A report with a similarity index less than 25% is acceptable for undergraduate level work.

Your project will be evaluated according to the Writing Assignment Grading shown below. To maximize your grade, be sure to use the proper organization (intro, body, conclusion) and follow APA style. Your project should have a title page and reference page, but you do not need an abstract for this assignment. See the PowerPoint presentation attached for APA assistance.