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Its is based on sage 50 accounting

1.When customers settle their accounts in full after you enter deposits in the receipts journal -

Select one:

a. the net amount owing appears on the deposit line

b. the deposit is already taken to reduce the invoice amount owing

c. the net amount owing appears on the invoice line

d. you must pay or mark as paid both the invoice amount and the deposit


When you convert a purchase quote to a purchase order you can edit all of the following except -

Select one:

a. the quote/order number

b. the quantity ordered

c. the shipping date

d. the unit price for the ordered items

3.Why might GST amounts in the ledger differ from the GST report -

Select one:

a. GST paid is recorded from the total in the purchases journal

b. there is an outstanding GST account balance before the first journal entry

c. the GST ledger and GST report are always in balance

d. GST charged is recorded from the sales journal

4.Enter the tracking site information for a shipper -

Select one:

a. in the purchases journal tracking site field

b. at any time when using the program

c. in the payables ledger settings window

d. in the supplier record for the shipper

5.If you choose Quick Add to enter a new customer record, you cannot change -

Select one:

a. the currency for the transaction

b. the name of the customer in the ledger record

c. the payment terms for the invoice

d. you can change any of the above

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