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This exercise is a review of the setup of a company file. The account structure Chart of Accounts with many errors, was created by an employee of Kojokaro. Account classes have not been shown in the information below. As a consultant hired to help with the setup of the company, you will: 1 Identify the errors. 2 Add, modify and delete accounts necessary to fix the account structure. 3 > Print the Balance Sheet. 4> Print the Income Statement 5 Print the Chart of Accounts Chart of Accounts ASSET REVENUE H 1000 Current Assets 1001 Cash in Bank. 1030 Total Cash 1050 Accounts Receivable 1059 Accounts Receivable Net. 1100 Store Supplies 1299 Total Current Liabilities A S S A S cocon 4010 Sales .H 4020 Sales - All 4040 Sales Discounts 4050 Sales Returns G 4060 Inventory Adjustments 4100 HST on Sales 4110 Capital Additional Investments G QOQO >> EXPENSE 1400 Capital Assets 1410 Equipment H A LIABILITY H 5000 Cost of Goods Sold. .....H 5020 Cost of Goods Sold A 5030 Purchase Discounts 5050 HST on Purchases/Service A 5300 Rent Expense G 5310 Depreciation Expense G 5325 Telephone Expense. 5390 Other Expenses S 2000 Current Liabilities 2005 Accum Depreciation, 2100 Accounts Payable 2200 Drawings by Owner 2500 Long Term Liabilities. 2530 Bank Loan - Mortgage G 00c TOOTO - 1. Download and then run the file "04 C4-2 Kojokaro.exe". 28 Marks This will extract the 04 C4-2 Kojokaro.SAJ folder and 04 C4-2 Kojokaro.SAI file. Do the Challenge Exercise 04 C4-2, Kojokaro on page 4A-342 of the Sage 50 textbook. a. Change the name of the company to Kojokaro Sales Company, Your Name b. You can add, modify and delete accounts as you would like to fix the account structure. c. You will export the reports as PDF files (your name must appear on all reports): DO NOT PRINT THE REPORTS IE: Ling, Laurence, Kojokaro Balance Sheet Feb 1 IE: Ling, Laurence, Kojokaro Income Statement Feb 1 IE: Ling, Laurence, Kojokaro Chart of Accounts d. Submit in Moodle the 3 reports as PDF files