Accountant Center Tools Accountant Center Customize Batch Enter Transactions... Make General Journal Entries... Working Trial Balance Set Closing Date... QuickBooks File Manager Fix Unapplied Customer Payments and Credits Write Off Invoices Fix Incorrectly Recorded Sales Tax Client Data Review Merge Vendors Reclassify Transactions Reconciliation Refresh LAST RECONCILED RECONCILED BALANCE CURRENT BALANCE ACCOUNT Checking 71,452 58 46,969.10 Savings 43.410.19 17,910.19 Petty Cash 0.00 500.00 QuickBooks 25.00 94.20 Credit Card CE CalOil Credit Card H 436.80 382.62 Me Reconcile Co 2 Check my w 6 Part 1 of 2 points eBook Print References Required information Exercise 1.1 [The following information applies to the questions displayed below.] While working at your computer, you notice Mr. Castle heading toward you. Adding another stack of papers to your overflowing inbox, he says, "I need a profit & loss statement and a balance sheet for November as soon as possible. I haven't seen any financial statements since our former accountant left." As he walks away. Mr. Castle calls over his shoulder, "From now on I'd like a P&L and balance sheet by the first of each month." Complete Exercise 11 by following the steps shown on Pages 66 through 68. All applicable reports prepared in Exercise 1.1 should be exported to Excel using the Go Digital Reports Excel template for Chapter 1. E1.1.2 Profit and Loss, Standard Required: Using the Profit and Loss (P&L) Statement, Standard for Rock Castle Construction (E1.1.2) that you prepared and exported on Pages 67 to 68, select what the largest single income and expense items are and input their respective balances. (Round your answers to 2 decimal places.) Largest single income item Largest single expense item Account Subcontracted Labor Income Subcontractors Amount Part 2 of 2 6 points Skipped eBook Required information. Exercise 1.1 [The following information applies to the questions displayed below.] While working at your computer, you notice Mr. Castle heading toward you. Adding another stack of papers to your overflowing inbox, he says, "I need a profit & loss statement and a balance sheet for November as soon as possible. I haven't seen any financial statements since our former accountant left." As he walks away, Mr. Castle calls over his shoulder, "From now on I'd like a P&L and balance sheet by the first of each month." Complete Exercise 1.1 by following the steps shown on Pages 66 through 68. All applicable reports prepared in Exercise 1.1 should be exported to Excel using the Go Digital Reports Excel template for Chapter 1. Print References E1.1.3 Profit and Loss, Detail Required: Using the Profit and Loss (P&L) Statement, Detail for Rock Castle Construction (E1.1.3) that you prepared and exported on Page 68, enter the balances for the accounts shown below. (Round your answers to 2 decimal places.) P&L Item Amount Total Income Total Cost of Goods Sold Total Insurance Total Payroll Expenses Net Ordinary Income Net Income + Check my Part 1 of 2 6 points eBook Print References Required information Exercise 1.2 [The following information applies to the questions displayed below.] While working at your computer, you notice Mr. Castle heading toward you. Adding another stack of papers to your overflowing inbox, he says, "I need a profit & loss statement and a balance sheet for November as soon as possible. I haven't seen any financial statements since our former accountant left." As he walks away, Mr. Castle calls over his shoulder, "From now on I'd like a P&L and balance sheet by the first of each month." Complete Exercise 1.2 by following the steps shown on Pages 68 through 70. All applicable reports prepared in Exercise 1.2 should be exported to Excel using the Go Digital Reports Excel template for Chapter 1. E1.2.2 Balance Sheet, Standard Using the Balance Sheet, Standard for Rock Castle Construction (E1.2.2) that you prepared and exported on Pac Required: 69. select the largest single asset item and input the respective balance. (Round your answer to 2 decimal places.) Account Amount Largest single asset item Buildings and Improvements Part 2 of 2 9 points Skipped eBook Required information Exercise 1.2 [The following information applies to the questions displayed below] While working at your computer, you notice Mr. Castle heading toward you. Adding another stack of papers to your overflowing inbox, he says. "I need a profit & loss statement and a balance sheet for November as soon as possible. I haven't seen any financial statements since our former accountant left." As he walks away. Mr. Castle calls over his shoulder, "From now on I'd like a P&L and balance sheet by the first of each month." Complete Exercise 1.2 by following the steps shown on Pages 68 through 70. All applicable reports prepared in Exercise 1.2 should be exported to Excel using the Go Digital Reports Excel template for Chapter 1. Print References E1.2.3 Balance Sheet, Detail Required: Using the Balance Sheet. Detail for Rock Castle (E1.2.3) Construction that you prepared and exported on Pages 69 to 70, enter the balances for the accounts shown below. (Round your answers to 2 decimal places.) Balance Sheet Item Total Current Assets Total Other Assets Total Accounts Payable Total Payroll Liabilities Total Mortgage-Office Building Total Liabilities & Equity Amount