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12. Why might you use a journal entry? A) To record transactions that cannot be submitted with an integrated form B) To correct errors
12. Why might you use a journal entry? A) To record transactions that cannot be submitted with an integrated form B) To correct errors C) For year-end adjustments D) All of the above 13. If your accounting records are incorrect, where can you look in SAGE50 to help resolve the problem? A) Reports: Customers and accounts receivable: Open invoices B) Reports: Inventory: Inventory Valuation Summary C) Reports: Suppliers and suppliers: Detail of unpaid invoices D) Any of the above 14. What is a tool or method outside of SAGE50 that can help support your financial data IN SAGE50? A) A statement from your accountant B) Supplier and customer documents, such as invoices and cleared checks C) A documented phone call from your banker D) Handwritten records of conversations with vendors
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