Question
Problem Statement Step 1: You have been hired to set up a Service Company File for Bob and set up the chart of accounts as
Problem Statement Step 1: You have been hired to set up a Service Company File for Bob and set up the chart of accounts as provided by the Consulting Accountant. Step 2: You have been directed to complete the transactions for the first two weeks of January. Step 3: You receive the bank statement and process the Reconciliation. NOTE Only complete the steps as assigned by your instructor. Required Items for Each Step Step 1 Create the file Bobs Back Hoes Your Name. This will help distinguish your report from the other students assignments. Add, Edit, Delete or Make Inactive Accounts to match the Chart of Accounts Step 2 Process the transactions for January (including the initial capital contribution). Print (or create a pdf) the following reports for the period January 1-16: Chart of Accounts Income Statement Balance Sheet Journals Step 3 Complete Bank Reconciliation using the Bank Statement dated January 16 found on the next page Print (or create a pdf) the following report for the Period January 1-16: Bank Reconciliation Detailed
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