Computerized Accounting with Sage 50 Level 2 The Dog House INTRODUCTION This project will test your understanding of the Sage 50 Accounting application and your ability to apply the features of this application. You will be using many of the skills that you have acquired throughout the course to set up the accounts for a small business and record typical transactions. OBJECTIVES The objectives of this project are to: Set up the General, Payable, Receivable, Payroll, and Inventory ledgers for a small company Record transactions Print reports TIME REQUIRED You will require 10 hours to complete this project. MATERIALS REQUIRED To complete this project, you will require: Windows 10 Sage 50 Accounting 2021 MARKING The project will be marked out of 100. Individual marks for requirements are shown below. Marks will be deducted if you ask anyone for help. The instructor will only answer questions regarding the meaning and interpretation of a step. You may refer to your textbook. If the project is not completed within the given time frame, 2 marks per additional hour will be deducted. For each typographical error, a further 0.5 mark deduction will be made. Journal Entries 60 marks Balance Sheet 20 marks Income Statement 10 marks Employee Summary Report 5 marks Inventory Summary Report 5 marks