Open a new sole proprietorship Accounting company and call it "homework3" company. The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. Modify Accounting preferences, to use account numbers. -Add Regular Checking to give it account number 10000. Enter a journal entry for the following: Owner deposits $5000 into the checking account (I suggest enter this as a Journal Entry). -All dates are 1/4. Use the Regular Checking account. Use the Make Deposit for deposits, Write Checks for checks. - Enter a deposit for $7000. Received from "Your name- customer" (Create a new customer first, create an Invoice, then use received payments) for Accounting Services. The check was # 123. - Enter a check for $2500 to "Your name- vendor" (create a new Vendor) for any Office Supplies expense. Create the check using check #1001. Reconcile the checking account. The ending statement balance is $9485 as of1/31. Enter a Service Charge of $25 (use the appropriate account), and Interest Earned of $10 (use Finance Charge Income, Interest income is in the Other Income category); both should have dates of1/31. - Clear all deposits and checks. Click Reconcile Now and select Both and Display. -To answer all questions for this HW3, you need to have a report for Trial Balance, Balance Sheet, and Income Statement, too.