Question

1. Please match the information in Columns with the belirted in Column A. You should write down only the letter of your choice to the corresponding number CA ST Report Columns This reportists all your account including Set Tal Balance und within uch Cost of Sales/Purchases Current Assets transactions of the company Profit and Loss Report This is the cost ola c a tremale, based on the d e cost of the mattheofsale, plus the cost of celem purchases advertising.rentinry and 2. The four main of Sage One Accounting No Installation hassles bo upgrades No data security hassles d Accessibility 3. All registered users can log into Sage One Accounting have access to the Accountants Area 4. In the Accountants Are, you will find reports and functions that are a part of the wser's function

Answer 1

1)

i) c) This report lists HST/GST transactions for reporting purposes.

ii) a) This report includes all your accounts including system accounts for a selected period.

iii) f) This is the cost of all physical items sales, based on the weighted average cost of the items at the time of sale, plus all the cost of all services items purchases.

iv) b) Assets expected to sold or used within a year such as cash.

V) g) Cost incurred such as advertising, rent, stationery and so on.

vi) This report details your company's income and expenses.

vii) d) This report is a formal record or log detailing all the financial transactions of the company.

2) True.

3) False because every registered user has access to different area a according to their authority and responsibilities

4) False because in accounting area, we find the report of accounts' function.