Choose one (1) and only one of the following four 2 assignment options. Provide your response back in this document, and SUBMIT it back using Google Classroom once completed. Instructions: 1: Download trial version of Sage 50 2: Create a company of your choice 3: create chart of accounts-5 max see sample below, setup two banks 1 Number Asset 1-001 Asset 1-010 1-020 Description Cash Accounts Receivable Prepaid Expenses Inventory Fixed Assets Accumulated Depreciation Asset Asset 1-030 Asset 1-040 1-050 Asset Asset Other Assets 1-060 2-001 2-010 Liability Liability Liability 2-020 2-030 2-040 Liability Liability Equity Equity Equity 3-001 Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement 3-010 3-020 4-001 Revenue Accounts Payable Accrued Liabilities Taxes Payable Payroll Payable Notes Payable Common Stock Retained Earnings Additional Paid in Capital Revenue Sales returns and allowances Cost of Goods Sold Advertising Expense Bank Fees Depreciation Expense Payroll Tax Expense Rent Expense Supplies Expense Utilities Expense Wages Expense 4-010 5-001 5-010 5-020 5-030 Revenue Expense Expense Expense Expense Expense Expense Expense Expense Expense 5-040 5-050 5-060 5-070 5-080 Income Statement 6-001 Other Expenses Other Income Statement ACCOUNts receivable 4 Create customers - max 5, create sales invoices, receipts Accounts payable 5 Create Vendors - max 5, create orders and payments Inventory 6 Create inventory list - max 5, assign 3 of the products to a job Payroll 7: Setup employees - max 5, use a time sheet to enter employee's earnings and deductions, taxes, entitlements etc. See sample form below. Colorado Department of Human Services WEEKLY TIMESHEET FOR FURLOUGH PIRTETOVLE NAME WORK WEEKEND 2010 ELOWEESTLAE Upend Leave Type QUI OUT IN DALYMOUS DAY COMMENTS CATE CAT SUN MON TUE WED THUR TOTAL FOR THE WEEK OLDAL MOTE I would like to see the S employees time sheet input Print 3 reports of your in choice in pdf, attached it to your file Choose one (1) and only one of the following four 2 assignment options. Provide your response back in this document, and SUBMIT it back using Google Classroom once completed. Instructions: 1: Download trial version of Sage 50 2: Create a company of your choice 3: create chart of accounts-5 max see sample below, setup two banks 1 Number Asset 1-001 Asset 1-010 1-020 Description Cash Accounts Receivable Prepaid Expenses Inventory Fixed Assets Accumulated Depreciation Asset Asset 1-030 Asset 1-040 1-050 Asset Asset Other Assets 1-060 2-001 2-010 Liability Liability Liability 2-020 2-030 2-040 Liability Liability Equity Equity Equity 3-001 Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement Income Statement 3-010 3-020 4-001 Revenue Accounts Payable Accrued Liabilities Taxes Payable Payroll Payable Notes Payable Common Stock Retained Earnings Additional Paid in Capital Revenue Sales returns and allowances Cost of Goods Sold Advertising Expense Bank Fees Depreciation Expense Payroll Tax Expense Rent Expense Supplies Expense Utilities Expense Wages Expense 4-010 5-001 5-010 5-020 5-030 Revenue Expense Expense Expense Expense Expense Expense Expense Expense Expense 5-040 5-050 5-060 5-070 5-080 Income Statement 6-001 Other Expenses Other Income Statement ACCOUNts receivable 4 Create customers - max 5, create sales invoices, receipts Accounts payable 5 Create Vendors - max 5, create orders and payments Inventory 6 Create inventory list - max 5, assign 3 of the products to a job Payroll 7: Setup employees - max 5, use a time sheet to enter employee's earnings and deductions, taxes, entitlements etc. See sample form below. Colorado Department of Human Services WEEKLY TIMESHEET FOR FURLOUGH PIRTETOVLE NAME WORK WEEKEND 2010 ELOWEESTLAE Upend Leave Type QUI OUT IN DALYMOUS DAY COMMENTS CATE CAT SUN MON TUE WED THUR TOTAL FOR THE WEEK OLDAL MOTE I would like to see the S employees time sheet input Print 3 reports of your in choice in pdf, attached it to your file