Close the Income Statement window. This should return you to the Select a Report dialogue box. Select Balance Sheet. An Options dialogue box will appear asking you to define the information you want displayed. Press the OK button to accept the defaults and display the report on your screen. Your screen will look something like this: LO.1

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The Zell Company- Student Name Balance Sheet January 31, 2001 ASSETS Current Assets Cash 3,675.00 Accounts Receivable 2,000.00 Prepaid Rent 250.00 Office Supplies 25.00 Total Current Assets 5,950.00 Property and Equipment Office Equipment 1,100.00 Accum. Depr- Office Equipment <50.00> Automobile 12,000.00 Accum. Depr- Automobile <150.00> 12,900.00 Total Property and Equipment Other Assets Total Other Assets Total Assets 0.00 $ 18,850.00