KOJOKARO This exercise is a review of the setup of a company. The account structure (i.e Chart of Accounts) was created by an employee of Kojokaro. Account classes have not been shown in the information. You are a consultant hired to help with the setup of the company. Instructions 1. Open the 04 C4-2 Kojokaro file or extract from 04_c4_2_kojokaro.exe. (Sage 50 Select an Existing Company KOJOKARO.SAI) 2. Identify errors and modify information necessary to fix the account structure. Chart of Accounts ASSET 1000 Current Assets H REVENUE 4010 Sales 1001 Cash in Bank.. 4020 Sales - All. .H A 1030 Total Cash S 4040 Sales Discounts 1050 Accounts Receivable 4050 Sales Returns 1059 Accounts Receivable Net. .S 4060 Inventory Adjustments. G 1100 Store Supplies 4100 HST on Sales G 1299 Total Current Liabilities S 4110 Capital Additional Investments.G 1400 Capital Assets H EXPENSE < 1410 Equipment. LIABILITY 2000 Current Liabilities 2005 Accum Depreciation. 2100 Accounts Payable 2200 Drawings by Owner. 2500 Long Term Liabilities. 2530 Bank Loan - Mortgage EQUITY 3010 Owner's Equity.. 3020 Inventory 3030 Capital 3600 Current Earnings. 3. Print the following: Balance Sheet Income Statement Chart of Accounts 5000 Cost of Goods Sold 5020 Cost of Goods Sold 5030 Purchase Discounts H 5050 HST on Purchases/Service 5300 Rent Expense G 5310 Depreciation Expense G 5325 Telephone Expense.. 5390 Other Expenses