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Sage test with 100% correct answers 2024
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Sage test with 100% correct answers 2024
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Sagetest
with
100%
correct
answers
2024
The
maintain
function
on
the
menu
bar
is
used
for:
-
answer-Entering
Information
The
task
function
on
the
menu
bar
is
used
for:
-
answer-Entering
Transactions
All
ID
codes
in
Sage
are:
-
answer-Case
sensitive
The
reasons
that
you
back
up
your
data
in
Sage
50
is
all
but
which
of
the
following?
-
answer-To
save
your
transactions
as
you
enter
them
Why
do
you
restore
your
data?
-
answer-If
you
had
a
natural
disaster,
if
your
computer
crashed,
or
if
you
worked
off
site.
Which
of
the
following
is
not
a
purpose
of
the
chart
of
accounts?
-
answer-To
prove
debits
equal
credits
Why
is
the
correct
classification
for
accounts
critical
when
using
computerized
accounting?
-
answer-If
the
classification
is
incorrect,
the
accounting
records
will
be
incorrect
causing
the
financial
statements
to
be
incorrect.
Where
do
you
go
in
Sage
50
to
set
the
Accounting
Period?
-
answer-Both
Tasks,
System,
Accounting
Period
and
Accounting
Period
at
the
top
of
the
Navigators
If
you
do
not
see
a
GL
account
column
on
a
sales
invoice,
you
need
to:
-
answer-Click
on
Options,
Global
and
uncheck
the
hide
A/R
and
Payroll
accounts
What
is
the
purpose
of
Analysis
on
the
menu
bar?
-
answer-To
see
how
the
company
is
doing
through
charts,
graphs
and
ratios.
Record
adjusting
entries.
-
answer-General
Journal
Purchase
of
merchandise
on
account
from
a
vendor.
-
answer-Purchases
Journal
Paid
the
government
for
the
liability
taxes.
-
answer-Cash
Disbursements
Journal
Paid
on
the
mortgage.
-
answer-Cash
Disbursements
Journal
Received
payment
from
a
customer
on
account.
-
answer-Cash
Receipts
Journal
Received
a
credit
memo
from
a
vendor
for
the
return
of
merchandise
-
answer-General
Journal Purchase
of
supplies
for
cash
-
answer-Cash
Disbursements
Journal
Record
the
payroll
for
the
week.
-
answer-General
Journal
Sale
of
merchandise
on
account
to
a
customer.
-
answer-Sales
Journal
Paid
the
telephone
bill.
-
answer-Cash
Disbursements
Journal
Investment
of
equipment
by
the
owner.
-
answer-General
Journal
Pay
the
vendor
for
a
purchase
on
account.
-
answer-Cash
Disbursements
Journal
Record
the
payroll
tax
expense
for
the
week.
-
answer-General
Journal
Sale
of
merchandise
for
cash
to
customer
-
answer-Cash
Receipts
Journal
Paid
the
dividends
for
the
quarter.
-
answer-Cash
Disbursements
Journal
Borrowed
cash
from
the
bank
for
a
long-term
note.
-
answer-Cash
Receipts
Journal
Paid
the
employees.
-
answer-Cash
Disbursements
Journal
Issue
a
credit
memo
to
a
customer
for
the
return
of
damaged
goods.
-
answer-General
Journal
Purchase
office
supplies
on
account.
-
answer-Purchases
Journal
Paid
the
state
for
the
sales
taxes.
-
answer-Cash
Disbursements
Journal
Account
Number
for
Sales
Discounts
-
answer-40037
Account
#
for
Accumulated
Depreciation
-
Computer
Equipment
-
answer-10037
Account
#
for
Note
Payable
-
answer-20037
Account
#
for
Prepaid
Insurance
-
answer-10037
Acct.
#
for
J.
Roberts,
Drawing
-
answer-30037
Acct.
#
for
Depreciation
Expense
-
Computer
Equipment
-
answer-60037
Acct.
#
for
Sales
-
answer-40037
Acct.
#
for
Merchandise
Inventory
-
answer-10037
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