1. Export these reports to Excel and PDF. Run most of the reports from 10/1/20XX to 12/1/20XX, or as shown below. (Hint: When the report needs as As of date, use 12/1/20XX)
· Exercise 5-2_Vendor Balance Summary (Report period > Custom > as
of 12/1/20XX.)
· Exercise 5-2_AP Aging Summary
· Exercise 5-2_Customer Contact List
· Exercise 5-2_ Journal (In Exercise 4-2, the Journal was printed from
10/1/20XX through 11/12/20XX. For Exercise 5-2, use 11/13/20XX
through 12/1/20XX.)
· Exercise 5-2_Transaction Detail by Account
· Exercise 5-2_Trial Balance
· Exercise 5-2_Inventory Valuation Summary
· Exercise 5-2_Customer Balance Summary
· Exercise 5-2_AR Aging Summary
· Exercise 5-2_Profit and Loss
· Exercise 5-2_Balance Sheet
· Exercise 5-2_Statement of Cash Flow
2. Check Your Figures (from 10/1/20XX to 12/1/XX):
· Account 101 Checking, $63,581.16
· Account 105 Accounts Receivable, $1,410.00
· Account 115 Merchandise Inventory, $10,155.00
· Account 201 Accounts Payable, $16,900.00
· Account 401 Sales, $24,330.00
· Account 501, Cost of Goods Sold, $9,165.00
· Account 621 Office Supplies, $460.42
· Total Liabilities and Equity, $94,146.16
· Net Income, $12,246.16