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15 0/1 Sage computerised accounting software utilises an input screen approach for transaction input. This allows for both the batching of certain transactions and the
15 0/1 Sage computerised accounting software utilises an input screen approach for transaction input. This allows for both the batching of certain transactions and the minimisation of data input required (because of control accounts). Now examine the following statements about Sage computerised accounting input screens. i. The default tax code for journal transaction input is 'T9' and a journal entry will not 'Save' if the total of debits are not equal to the total of credits. ii. There are five input screens for bank transactions being; Bank receipts and bank payments, customer receipts and supplier payments, and bank transfers. iii. The number of bank accounts is pre-prescribed by the software. Although the bank account names can be changed, the number of bank accounts and bank account codes cannot be added to or subtracted from. iv. Using the bank transfer input screen, the account 'to' cell will contain the bank account to be credited and the account 'from' will contain the bank account to be debited. Which of the above statements are true? Hide answer choices iv only. i and ii. ii and iii. Feed Your ins D All of them
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