You need to create a report that compares your company's income and expenses for the current year to that of the previous year. what should you do?

1. Run the Profit & Loss Standard report and set the date to This Fiscal Year-to-date and Previous Year-to-date
2. Run the Profit & Loss Standard report and set the date to This Fiscal Year-to-date.Then in the column list, select Years.
3. Run the Balance Sheet Standard report and set the date to This Fiscal Year-to-date. Click Customize Report and Filters. Edit the Date filter to include last year.
4. Run the Profit & Loss Standard report and set the date to This Fiscal Year-to-date.Click Customize Report.On theDisplay tab, select the Previous Year check box.