Practice Set US Edition 3, Updated for Sage 50 2017, With File Download Bookmark Previous pages Completed By: Fatma_rashed First transaction Enter the first transaction into Sage 50 After assessing your ability to enter your first transaction, Rinaldo now instructs you to record that i same transaction into Sage 50. He reminds you that the transaction was: INFO First transaction: On May 1, 2017, Check No. 4048 was issued to Office Supplies Warehouse for the purchase of $2,000 worth of office equipment. BA Instructions Enter the cash payment transaction into the Write Checks window of Sage 50 using the model solution shown below. When you have finished recording that transaction, print the general ledger trial balance report for Intermaweb Computer as at May 1, 2017 and use that report to complete the current account balances table below. Write Checks window Intermaweb Computer Check number 4048 Vendor ID: Two Thousand Mail To Office Supplies Warehouse Date: May 1, 2017 Dollars $ E INVE RECE PAY FINA STAT Co Th Re 82 Cash account 1020 Time fr more o 2,000 Checking Account Your gr Cash account balance 93,650 Pay to the Address Line 1 order of: Address Line 2 City Country Stop Purchase of Prior to Memo: equipment On this After thi Expense account: 1500 Q Description: Property and Equipment Job: Total Current account balances as at May 1, 2017 After recording the given transaction in Sage 50, you should print the general ledger trial balance report for Intermaweb Computer as at May 1, 2017 and use that report to complete the current account balances table below. Account Checking Account Inventory Property and Equipment Office Supplies Expense Specific agreement Debit Amt Credit Amt Sage 50 Sags Quick Informati Welco Acade Gener Navig Accou Setup