bank would you lend the company more money? If you were an investor would you consider...

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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. c. During January of 2024, the company had the following transactions/events: Jan. 1 Jan. 2 Jan. 3 Jan. 6 Jan. 10 Jan. 14 Jan. 18 Jan. 31 Jan. 31 Jan. 31 Owners invested another $8,000 into the company Purchased $8,100 of equipment Paid $250 for advertising Purchased $400 of supplies on account Paid rent of $8,000 Sold services to customers for $32,400 Borrowed $4,000 from a bank A $680 dividend is paid to owners Paid employee payroll of $14,000 Supplies on hand reported at $180 Prepare a tabular analysis for January, record the necessary transactions and then prepare statement of cash flows, income statement, statement of retained earnings and balance for the company. 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. c. During January of 2024, the company had the following transactions/events: Jan. 1 Jan. 2 Jan. 3 Jan. 6 Jan. 10 Jan. 14 Jan. 18 Jan. 31 Jan. 31 Jan. 31 Owners invested another $8,000 into the company Purchased $8,100 of equipment Paid $250 for advertising Purchased $400 of supplies on account Paid rent of $8,000 Sold services to customers for $32,400 Borrowed $4,000 from a bank A $680 dividend is paid to owners Paid employee payroll of $14,000 Supplies on hand reported at $180 Prepare a tabular analysis for January, record the necessary transactions and then prepare statement of cash flows, income statement, statement of retained earnings and balance for the company.

Answer rating: 100% (QA)

Based on the information provided As a bank I would likely be willing to lend the company more money The company has a strong financial position with ... View the full answer