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16. To reverse a sales invoice for selecting the wrong customer, you should - a. open the adjusting sales invoice window and choose the reverse

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16. To reverse a sales invoice for selecting the wrong customer, you should - a. open the adjusting sales invoice window and choose the reverse entry tool b. open the receipts journal and pay the invoice to cancel it c. open the adjusting sales invoice window and edit the customer name (choose the correct customer) d. make a general journal adjustment that reduces Accounts Receivable and the revenue accounts for the invoice amount 17. Which role do properly linked accounts not perform for a purchase invoice - a. allow all subsidiary ledgers to be updated with one amount b. allow HST to be recorded c. allow freight expense to be recorded d. allow purchase discounts to be recorded 18. The Credit Card setup information screen requires that - a. you click the option to allow credit card sales and purchases b. the name of each credit card appears on a separate line c. you enter interest rate charged to the credit card company d. you enter the revenue account to record interest charges 19. You cannot change terminology for - a. the sales journal b. the customers icon c. the general journal d. you can change the terminology for any of the above 20. When correcting a sales quote error, you should before posting. a. open a new sales quote and enter the correct work b. remove the sales quote from the edit menu c. select the incorrect field(s) in the journal and input the correct data d. re-select from the customers list 21. All but one of the following are true about daily business manager lists - a. they provide a diary or reminder system for things to do b. they are dated automatically for one week past the session date c. they are activated at startup from the maintenance menu d. double click any detail and the journal entry appears for posting 22. The receipts journal is used for all but one of the following - a. entering cash sales to customers b. entering deposits from customers c. entering a customer's NSF cheque d. entering the receipt of an HST refund 23. Credit card bill payment amounts - a. are always the same as the credit card payable account balance b. are recorded in the payments journal c. do not involve any linked accounts

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