Exam (elaborations)
Sage test with 100% correct answers 2024
- Course
- Institution
Sage test with 100% correct answers 2024
[Show more]
Content preview
Sagetest
with
100%
correct
answers
2024
The
maintain
function
on
the
menu
bar
is
used
for:
-
answer-Entering
Information
The
task
function
on
the
menu
bar
is
used
for:
-
answer-Entering
Transactions
All
ID
codes
in
Sage
are:
-
answer-Case
sensitive
The
reasons
that
you
back
up
your
data
in
Sage
50
is
all
but
which
of
the
following?
-
answer-To
save
your
transactions
as
you
enter
them
Why
do
you
restore
your
data?
-
answer-If
you
had
a
natural
disaster,
if
your
computer
crashed,
or
if
you
worked
off
site.
Which
of
the
following
is
not
a
purpose
of
the
chart
of
accounts?
-
answer-To
prove
debits
equal
credits
Why
is
the
correct
classification
for
accounts
critical
when
using
computerized
accounting?
-
answer-If
the
classification
is
incorrect,
the
accounting
records
will
be
incorrect
causing
the
financial
statements
to
be
incorrect.
Where
do
you
go
in
Sage
50
to
set
the
Accounting
Period?
-
answer-Both
Tasks,
System,
Accounting
Period
and
Accounting
Period
at
the
top
of
the
Navigators
If
you
do
not
see
a
GL
account
column
on
a
sales
invoice,
you
need
to:
-
answer-Click
on
Options,
Global
and
uncheck
the
hide
A/R
and
Payroll
accounts
What
is
the
purpose
of
Analysis
on
the
menu
bar?
-
answer-To
see
how
the
company
is
doing
through
charts,
graphs
and
ratios.
Record
adjusting
entries.
-
answer-General
Journal
Purchase
of
merchandise
on
account
from
a
vendor.
-
answer-Purchases
Journal
Paid
the
government
for
the
liability
taxes.
-
answer-Cash
Disbursements
Journal
Paid
on
the
mortgage.
-
answer-Cash
Disbursements
Journal
Received
payment
from
a
customer
on
account.
-
answer-Cash
Receipts
Journal
Received
a
credit
memo
from
a
vendor
for
the
return
of
merchandise
-
answer-General
Journal Purchase
of
supplies
for
cash
-
answer-Cash
Disbursements
Journal
Record
the
payroll
for
the
week.
-
answer-General
Journal
Sale
of
merchandise
on
account
to
a
customer.
-
answer-Sales
Journal
Paid
the
telephone
bill.
-
answer-Cash
Disbursements
Journal
Investment
of
equipment
by
the
owner.
-
answer-General
Journal
Pay
the
vendor
for
a
purchase
on
account.
-
answer-Cash
Disbursements
Journal
Record
the
payroll
tax
expense
for
the
week.
-
answer-General
Journal
Sale
of
merchandise
for
cash
to
customer
-
answer-Cash
Receipts
Journal
Paid
the
dividends
for
the
quarter.
-
answer-Cash
Disbursements
Journal
Borrowed
cash
from
the
bank
for
a
long-term
note.
-
answer-Cash
Receipts
Journal
Paid
the
employees.
-
answer-Cash
Disbursements
Journal
Issue
a
credit
memo
to
a
customer
for
the
return
of
damaged
goods.
-
answer-General
Journal
Purchase
office
supplies
on
account.
-
answer-Purchases
Journal
Paid
the
state
for
the
sales
taxes.
-
answer-Cash
Disbursements
Journal
Account
Number
for
Sales
Discounts
-
answer-40037
Account
#
for
Accumulated
Depreciation
-
Computer
Equipment
-
answer-10037
Account
#
for
Note
Payable
-
answer-20037
Account
#
for
Prepaid
Insurance
-
answer-10037
Acct.
#
for
J.
Roberts,
Drawing
-
answer-30037
Acct.
#
for
Depreciation
Expense
-
Computer
Equipment
-
answer-60037
Acct.
#
for
Sales
-
answer-40037
Acct.
#
for
Merchandise
Inventory
-
answer-10037
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACTUALSTUDY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76669 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now