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Before Moving On... Read the following questions and make sure you know the answers to them; otherwise, read the corresponding part in the chapter before

Before Moving On... Read the following questions and make sure you know the answers to them; otherwise, read the corresponding part in the chapter before moving on: 1. What is the best way to open the Sage 50 Accounting program and data files? 2. Describe Toolbar icons. 3. The firm's year-end (fiscal year) is on December 31, 2019. You received on January 22, a bank debit memo dated January 20, 2019, for service charges on the bank account: What would be your Session Date? Your Transaction Date? 4. What important information does the Source field indicate? 5. What is the Comment field (box) used to record? 6. What is the Comment column used to record? 7. Describe two ways to display a list of accounts when entering a General Journal entry. 8. An Income Statement may be displayed/printed for only 1 day, a month at a time, or a time period that can be several months or parts of a month (e.g., January 1 to February 17). Explain why. 9. Why would you use the Drill Down feature in Sage 50 Accounting? 10. Describe an effective backup routine in an office environment. 11. A logbook/diary, as discussed in this chapter, is used for what purpose? 12. How or where can you get help in Sage 50 Accounting

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