Overview In this case study, you, the student will set up a new company file using the Express Start instead of the Detailed Start. You will use the Preferences Section to make Changes and will add the needed Accounts to the Chart of accounts. 1'|"ou will add Items, Customers and Vendors to the appropriate lists using Quick add. Accounting Information Paula Pollack has been working as a photographer for a large firm. After several requests from friends and contacts to take pictures priyately, she has decided to go into business on her own and has registered the name Paula's Portraits. March will be the first month of her fiscal year and January will be the first month of her CalendarfTak year. Looking at her local market and her experience, Paula has identified Children's and School photography as her areas to specialize in. Paula will offer two packages to students: Ir Basic Portrait Package 2511i) plus EST Ir Su persayer Portrait Package 4i}. plus EST These packages are sold to families in advance. The schools distribute the portrait flyer and collect cash and cheques prior to Picture Day. This ensures that Paula receiyes her payment before the photo sitting sessions. She has rented a studio at 123 Parsons Place, Port Peter, Dntario NTL 4T4 and has taken $3, of her sayings and deposited it in an account for the business at the venture Bank, Port Peter on March 1. {Use a Journal Entry to Debit SS- to Chequing, 'y'enture Bank and Credit SS- to P Pollack, Capital.] Paula registered for EST to be reported quarterly, and Tax rate is EST 5%, and HST 13%