SIERRA MARINA Meagan Casey, sole proprietor and owner of Sierra Marina (see Chapter 2 Case Problem 1), requires some additional financial reports.

Requirements: Prepare, memorize, and print the following reports using Meagans Sierra Marina QuickBooks Accountant file. (Use the file you restored in Chapter 2 or restore this file from the student companion site. Be sure to include your name in the Extra Footer Line of each report where possible.) 1 A standard Profit & Loss Report for the month of July 2014. 2 A standard Profit & Loss Report for the month of July 2014 without cents, formatted with a left layout, with the title Income Statement, and with a % of Income column. 3 A report of those transactions recorded in July 2014 that affected the rental incomePersonal Watercraft account. (Hint: From your income statement already prepared, double-click the Rental IncomePersonal Watercraft account.) 4 Modify the income statement that you created in Step 2 to be a comparative income statement (like you did in the chapter) for July and August 2014 with the title Comparative Income Statement.