Question: Quest Based on the Chart of Accounts in Appendix A for BVCC Inc. create the Income Statement, Bala of Changes of Owners Equity for both

Quest Based on the Chart of Accounts in Appendix A for BVCC Inc. create the Income Statement, Bala of Changes of Owners Equity for both 2019 & 2020 Use the templates provided for how they should look. 0 Ensure you include all the accounts (do not just put totals). Example, there should be Company's tax rate is 35%. Retained Earnings are beginning balances, as of January 1 each year. You must calculate the Statement of Changes of Owners Equity. Question #2 - (10 marks - 400 -600 words) Based on the financial statements you created 1. What could you conclude about BVCC Inc.'s financial performance over the past 2 years 2. What stands out to you? 3. Do you have any concerns? Do not do any detailed analysis. Only use the information from your financial stateme

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