Restore the file Boston Catering. Do not use the file created in Exercise 1. Add the following transactions and then print a standard balance sheet as of 7/31/10.

a. On 7/13/10, the company purchased new equipment for \($3,000\) using check 1501 from Outlet Tool Supply, a vendor.

b. On 7/15/10, the company invested \($5,000\) on a short-term basis with an investment firm named North Eastern Investments using check 1502.

Data From Exercise 1:

Restore the file Boston Catering. Add the following transactions and then print a standard balance sheet as of 7/31/10.