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Review Cases Case One At the end of April 2025, after paying several bills, Binh completed the following manual journal entries to record the
Review Cases Case One At the end of April 2025, after paying several bills, Binh completed the following manual journal entries to record the transactions: DATE REF. ACCOUNTS DEBIT CREDIT April 30 rent (cheque #53) Expenses 800.00 GST 40.00 Bank 840.00 April 30 hydro (cheque #54) Expenses 130.00 GST 6.50 Bank 136.50 April 30 telephone (cheque #55) Expenses 121.00 GST 6.05 Bank 127.05 April 30 printer cable (cheque #56) Supplies 20.00 GST 1.00 Bank 21.00 April 30 invoice forms (cheque #57) Supplies 40.00 GST 2.00 Bank 42.00 Using the accounts in the Binh's Bins data file, manually prepare the detailed journal entries that record these transactions as they would appear in a Sage 50 journal report. (You may want to print a General Journal Report for reference to find what details Sage 50 provides.) How is the Sage 50 method of entering journal transactions different from the manual accounting procedures? What are the advantages of using Sage 50?
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