Once you have completed the assignment below, you must submit your answers using the answer sheet provided in

Canvas; not all answers will be turned in$.$ Once submitted, your answers cannot be changed, but where appropriate, pa

credit will be given. For future reference, you should keep a copy of your answers $($outside of Canvas$)$ as they will not b

available to view given the nature of the grading process.

The Bryant Corporation was started during $2019.$ Since then some of its accounting information was lost and although

some that data is missing, a comparative report of year$-$end account balances appears below. All numbers are as of

December ${31}^{st}$ unless noted otherwise.

Required:

a$.$ Prepare an income statement, statement of retained earnings and a balance sheet for each year and determine the

missing values.

b$.$ During January of $2024,$ the company had the following transactions:

Jan. $1$ Paid rent of $$1,500$ for the month

Jan. $3$ Sold services to customers for $$15,600$ on account

Jan. $6$ Borrowed $$3,000$ from a bank

Jan. $8$ Purchased $$800$ of equipment on account

Jan. $12$ Paid $$450$ owed to suppliers for equipment previously purchased on account

Jan. $18$ Paid $$475$ for advertising

Jan. $23$ Dividend of $$300$ is paid to the owner

Jan. $28$ Received $$600$ from customers on account

Jan. $29$ Purchased $$200$ of supplies on account

Jan. $30$ Paid utility bill of $$360$ for the month

Jan. $31$ Paid employee payroll of $$4,200$

Jan $31.$ Supplies still on hand were reported at $$410$

prepare a tabular analysis for January, record rhe transactions and then prepare a statement of cash flows, income statement, statement of returned earnings and balance sheet for the company.

C$.$ Assess the company's comparative results for the two$-$year and one month period from the perspective of a bank and then from the peerspective of an investor $($ie did things get better or worse from those perspectives and why$).$ If you were a bank would you lend the company more money? If you were an investor would you consider investing more money in the company? Briefly explain your decisions.