Exam 4: Toss for Tots

One of the following statements is true about the sample from a Balance Sheet shown here - Bank A 100 Bank B 200 Cash: Net 300 Accounts Rec 400 Advances Rec 500 Receivables: Net 900 Prepaid Expenses 300 TOTAL CURRENT ASSETS 1 500

When using only the General Ledger,hiding the other modules -

Account types for HST Charged on Sales,HST Paid on Purchases,HST Owing should be -

When you see non-accounting terms used in a company data file,you should -

When you start a new fiscal period,the fiscal end date is automatically advanced -

The date field drop-down list for session date windows shows -

Settings for the System do not include one of the following choices -

In order to access the General Ledger and view a ledger account you would -

When creating the Chart of Accounts it would be very important to -

What does the inkwell symbol on ledgers indicate -

Which one of the following can be changed from the home window View menu -

What types of errors would the program not detect when you finish entering the history -

When creating files for a new company,Sage 50 Accounting -

Before closing the books for a fiscal period,you should print -

Which one of the following general statements about closing entries is false -

Adding non-postable accounts to your Chart of Accounts -

If the new fiscal start date after starting a new fiscal period is July 1,2016,the new fiscal end date will be -

After starting a new fiscal period on June 1^st,Net Income on the Balance Sheet for June 1^st has a zero balance because -

To change an account type from group to subgroup you should -

How do the Earliest Transaction date and Session date differ -