Hello could you help me solve these questions.

1 The journal entry above?

a. Vacation payable shows no allocation because the entries amount is allocated to one division

b. The vacation pay amount had not been calculated

c. Vacation payable is not allocated

d. each amount allocated uses different percentages for the allocation.

2 The information provided from division allocation cannot be used for?

a. Preparing customer statements

b. Making decisions about expanding the business

c. Making decisions about eliminating part of a business

d. Making decisions to control costs more effectively

19. Back up the data files. Continue with the file DERMAL.SAI. Change the session date to April 15, 2022. Enter the following transactions: Purchase Invoice #SD-986 Dated April 11, 2022 To fill Purchase Order #55 From Skin Decals, Inc. 20 Designs Small ($13 ea) $260.00 10 Designs Medium ($27 ea) 270.00 10 Designs Large ($58 ea) 580.00 Courier Freight Charge 40.00 HST Paid 149.50 Invoice Total $1 299.50 Terms: 1/10, net 30 (new payment terms). Allocate 100% of freight expense to Sales Division. Memo #3 Dated April 11, 2022 Several boxes of supplies and inventory were damaged after a prolonged power failure. The following items were not usable and should be written off: Sterilized needles $120 Other supplies $80 Tattoo gun $250 30 tubes Ink Permanent Colour accept cost price 20 tubes Ink Temporary Colour accept cost price Allocate 100% of the cost of equipment and supplies to the Services division and 100% of the cost of damaged ink inventory to the Sales division. Create new General Ledger Group expense account 5210 Damaged Supplies and Equipment. (Hint: two journal entries are required.) Cash Receipt #358 Dated April 11, 2022 From Wanda Wonder, cheque #344 for $901.67 in payment of invoice #3110, taking into account 1% sales discount of $9.11 for early payment. Cash Receipt #359 Dated April 11, 2022 From Stan Stoner, cheque #2789 for $1 000 as deposit #107 in prepayment for tattoo work to be completed over several weeks. Sales Invoice #3112 Dated April 13, 2022 To Stan Stoner 4 Designs Large $100 each 10 Ink Permanent Outline 10 /tube 40 Ink Permanent Colour 10 /tube 20 Tattoo application 80 /session HST Charged 13 % Terms: 1/15, net 30 Allocate 100% of sales to Sales Division and 100% of services to services Division. Accept message. Computerized Accounting with Sage 50 Level 2 (CAB4) Final Project 1 Page 14 Sales Invoice #3113 Dated April 15, 2022 To Hart Bridal Party, to fill sales order #32 10 Ink Temporary Colour $7 /tube 10 Ink Temporary Outline 5 /tube 20 Designs Small 20 each 10 Tattoo application 70 /session HST Charged 13 % Terms: 1/15, net 30. Allocate 100% of sales to Sales Division and 100% of services to services Division. Credit Card Sales Invoice #3114 Dated April 15, 2022 To One-time credit card customers 20 Ink Permanent Colour $10 /tube 9 Ink Permanent Outline 10 /tube 8 Ink Temporary Colour 8 /tube 4 Ink Temporary Outline 7 /tube 10 Designs Medium 60 each 20 Tattoo application 80 /session HST Charged 13 % Invoice total $2917.66 paid by Wishful. Allocate 100% of sales to Sales Division and 100% of services to Services Division. Edit the default prices. Purchase Order #56 Dated April 15, 2022 Delivery Date: April 28, 2022 From Full Spectrum, one tattoo gun to replace the damaged equipment. The cost of the new gun is $320 plus HST $41.60. Invoice total $361.60 (USD). Terms: 2/15, net 30. The exchange rate is 0.985. Purchase Invoice # MS-903 Dated April 15, 2022 From Medi-Specs, $260 plus $33.80 HST for routine site and equipment inspection. Invoice total $293.80. Terms: net 15. Create new Group expense account 5250 Licenses and Inspections. Allocate 40% of the expense to Sales Division and 60% to the Services Division. Deposit Slip #608 Dated April 15, 2022 Deposit three cheques received in the past weeks totaling $3,920.98. Total deposit amount was $3 920.98. Memo #4 Dated April 15, 2022 Pay hourly employee, Magenta Dyes for 35 hours regular work. Recover $50 advance. Dyes took one day sick leave during the week. Dyes should be paid for serving 11 clients (No. Clients piece rate pay). Issue deposit slip #69. Allocate 40% of payroll expenses to Sales and 60% to Service. Ignore messages Memo #5 Dated April 15, 2022 Pay salaried employee, Carmine Painter $2 200 her regular bi-monthly salary. Calculate and include sales commission for Painter. Painter took one day sick leave during the pay period (allow negative days to accrue). Issue deposit slip #70. Allocate 30% of payroll expenses to Sales and 70% to Service. Note: Record hours worked per pay period. Computerized Accounting with Sage 50 Level 2 (CAB4) Final Project 1 Page 15 Memo #6 Dated April 15, 2022 Transfer $4 000 from Bank: Credit Card to Bank to CAD Chequing Account. Transfer $2 000 USD from Bank: CAD Chequing Account to Bank: USD Chequing to cover upcoming payments. The exchange rate is 1.02. Bank Debit Memo #RCU-4433 Dated April 15, 2022 From Rainbow Credit Union, $600 for loan payment including $100 interest and $500 principal. Total amount withdrawn from CAD Chequing bank account was $600 Allocate 40% of the interest expenses to the Sales Division and 60% to the Services Division. Memo #7 Dated April 15, 2022 Make payroll tax remittance to the Receiver General for the pay periods ending April 15, 2022. Include remittance for income tax, EI and CPP. Issue cheque #434.

20. Bank reconciliation. Set up account 1080 for account reconciliation. Use the following linked accounts. Create new accounts if necessary. Income: Interest 4280 Revenue from Interest Expense1: Bank Charges 5010 Bank & Credit Card Fees Expense2: NSF fee 5010 Bank & Credit Card Fees Adjustment: 5005 Reconciliation Adjustments Reconcile the account using April 1 start date and April 15 as the statement end date and the reconciliation date. There are two outstanding prior transactions Source Description Date Amount 606 Deposit slip Mar 29 Deposit $2 600 431 Skin Decals, Inc. Mar 30 Payment $1 800 (Hint: after adding the first outstanding transaction, click Insert Outstanding again to access a new transaction line.) Use the following bank statement details to complete the reconciliation. Withdrawals deposits balance Mar. 15 Balance forward 23 330.00 Mar. 29 Deposit 606 2 600.00 Mar. 30 Cheque 431 - 1 800.00 Apr. 1 Interest on account 15.00 Apr. 1 Cheque 432 - 2 373.00 Apr. 4 Cheque 433 - 3 679.80 Apr. 8 Deposit 607 3 157.00 Apr. 8 Payroll transfer Ref #68 468.32 Apr. 15 Deposit 608 3 920.98 Apr. 15 Debit memo - 600.00 Apr. 15 Transfer from 04328-476199 4000.00 Apr. 15 Transfer to 04328-59990 2 040.00 Apr. 15 Payroll transfer Ref #69- 472.01 Apr. 15 Payroll transfer Ref #70- 1626.99 Apr. 15 Service fee 45.00 Apr. 15 Closing Balance 23 917.86

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Final Project 1 Page 16 Print and assemble the following reports in the order indicated and hand in to your instructor: Note: Make sure your name appears as part of the company name at the top of each report. 1. Journal Entries for all journals from April 1 to April 15, 2022 Show division allocations, foreign currency amounts, corrections and additional information. 2. Balance Sheet at April 15, 2022 3. Income Statement from April 1 to April 15, 2022 4. Employee Summary

5. Inventory Summary