1.A list of all the accounts used by a company showing an identifying number for each account is called:

A balance sheet

A general journal

An Inventory Journal

A chart of accounts

Subsidiary ledgers

2.Bellwether Garden Supply's account number for their Payroll Checking account is:

Account No. 10300

Account No. 10100

Account No. 10400

Account No. 12000

Account No. 10200

3.If an inventory item is damaged make the following selections from the Navigation Bar to record the damage:

Inventory & Services Navigation Center > click on the Track Packages icon

Vendors & Purchases > link to View and Edit Bills

Inventory & Services Navigation Center > click on the Prices icon

Inventory & Services Navigation Center > click on the Inventory Count icon

4.Inventory & Services Navigation Center > click on the Inventory Adjustments icon

If your GL Account columns and A/P Account field are not displayed on the Purchases/Receive Inventory window, you need to:

Reset the defaults in the Accounting Behind the Screens selection

Click on Options; Global and uncheck the three boxes in the Hide General Ledger Accounts section

Check the Tasks windows

Check the maintenance menus

Accounting Behind the Screens cannot be changed

5.On the Navigation Bar, make the following selections to make a general journal entry:

System Navigation Center > link to Restore a backup > click on the General Journal Entry icon

Banking Navigation Center > link to General Journal Entry > select New General Journal Entry

Maintain > select General Journal record

Banking Navigation Center > click on the Write Checks icon > select New Check

Inventory & Services Navigation Center > click on the Chart of Accounts icon > select View and Edit Accounts

6.On the Navigation Bar, make the following selections to set up an inventory item:

Inventory & Services Navigation Center > click on the Inventory Items icon > select New Inventory Item

Vendors and Purchases Navigation Center > click on the Vendors icon > select View and Edit Vendors

Inventory & Services Navigation Center > click on the Assemblies icon > select Build New Assemblies

Inventory & Services Navigation Center > click on the Receive Inventory icon > select View and Edit Purchases

Inventory & Services Navigation Center > link to Edit vendor items

7.Sage 50's help topics are displayed in the following way

PDF

DOC

XLS

HTML

PTB

8.The Item ID for Oriole Feeder is:

Avry-10300

Oriole-10320

AVRY-10300

avry-10300

avrY-10300

9.To transfer money to the Money Market Fund, make the following type of entry:

General Journal

Tasks

Payments

Maintenance

Receipts

10. When you purchase inventory stock items, the journal entry is:

Dr. the Accounts Payable/Vendor account; Cr. The Inventory account

Dr. the Expense account; Cr. the vendor account

Dr. the Cash account; Cr. the Revenue account

Dr. the Inventory account; Cr. The Accounts Payable/Vendor account

Dr. the Accounts Receivable/Customer account; Cr. the Sales account