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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 Bob's 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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