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(5 Watch the Sage 50 Tutorial Video and answer the following questions. You may also use any relevant PPT lecture notes. Question 1 Explain how
(5 Watch the Sage 50 Tutorial Video and answer the following questions. You may also use any relevant PPT lecture notes. Question 1 Explain how to operate Sage 50 menus. (5 marks) Question 2 What are the steps involved in creating a new a New Company in Sage 50? (15 marks) Question 3 Describe how to use Customer Default Settings in Sage 50. (5 marks) Question 4 Describe how to use Default Job Setting in Sage 50. marks) Question 5 Describe how to use General Ledger in Sage 50. What is the General Ledger used for in Sage 50? (10 marks) Question 6 Explain three (3) commonly used General Ledger Reports in Sage 50. (15 marks) Question 7 Explain how to record General Journal Entry in Sage 50. (5 marks) Question 8 What is the two-part process of setting up Sales Tax Wizard in Sage 50? (10 marks) The following four (4) questions are specific to Canada and Ontario: What is Provincial Sales Tax (PST)? (5 marks) What is Goods and Services Tax (GST)? (5 marks) What is Harmonized Sales Tax (HST)? (5 marks) Which Sales Tax is used in Ontario? (5 marks) Question 9 Describe how do you enter Customer Records in Sage 50. (10 marks)
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