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III Answer the following Questions Briefly from Sage 50 There is a journal called Build from Bill of Material in Inventory & Services Module. What

III Answer the following Questions Briefly from Sage 50

  1. There is a journal called Build from Bill of Material in Inventory & Services Module. What is the use of it? describe briefly.
  2. Explain the difference between perpetual inventory system and periodic inventory system briefly.
  3. There are three ways of correcting an entry in SAGE 50 Mention and explain them. Make a single journey.
  4. The payroll data may be entered into SAGE 50 Accounting in two different ways. What are these two journals and how do we use them?
  5. What does it mean by NSF and what journal is used to record it in SAGE 50 accounting?

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