Discuss the objectives for ACC 290 WeekOne. How do they relate to the practiceof accounting and its uses in business?Identify the four basic financial statements. Classifytransactions using the rules ofdebit and credit. Journalize basictransactions. Discuss how financialstatements would be useful to external users such as investorsandcreditors. Write a 350 to 500 wordsummary of your Learning Teams discussion