1. Creating a Balance Sheet for Larry’s Landscaping & Garden Supply Scott asks you to help him prepare a balance sheet. Use the Larry’s Landscaping & Garden Supply file you used in the chapter. (Be sure to type your name in the Extra Footer Line of this report.)
   1. He asks you to prepare and print a Summary Balance Sheet as of October 31, 2022. He wants the amounts represented in thousands without cents and with no Date Prepared, Time Prepared, or Report Basis shown. Print, then memorize this report with Name: Summary Balance Sheet October 2022 and save it in your report group.
   2. Scott also asks you to prepare and print a Standard Balance Sheet as of October 31, 2022. He wants amounts to be displayed in thousands, with-out cents, and with the page layout left-aligned but with no Date Pre-pared, Time Prepared, or Report Basis shown. Click the Collapse button to reduce the size of the report so it fits on one page. Print, then memorize this report with Name: Standard Balance Sheet October 2022 and save it in your report group.

 

Larry's Landscaping & Garden Supply Summary Balance Sheet As of Assets Current Assets Checking/Savings 122 14 Other Current Assets Total Current Assets 144 Fixed Assets 12 Total Assets 156 Liabilities & Equity Liabilities Current Liabilities 4 Credit Cards 1 Other Current Liabilities 4 Total Current Liabilities 9 Long Term Liabilities Total Liabilities 41 Equity 115 Total Liabilities & Equity 156