Hi,

Would you mind showing me how to do this task in Sage 50?

Memo #2 Dated Jan. 14/21 From B. Beane: Adjust inventory records for glass teapot item MT01 and ceramic cups item MT02, one teapot and two cups were dropped and broken. Charge to cost of goods sold.

(Should I record it in General Journal or in Inventory & Service - Adjust Inventory - MT01 minus 1, and MT02 minus 2?

SD40: Memo #6 Dated Jan. 31/21 From B. Beane: Pay Office Insurance of $200 for January and pay Prepaid Office Insurance for $2200 to be used throughout the year to Insure you. Cheque #714. Notice #334 from Insureyou Co. Create new Group Account 1285 Prepaid Insurance.

(In General Journal: Debit office insurance $200; Credit Bank Chequing A/c: $200

And Debit Prepaid Insurance $2200, Credit Bank Chequing a/c: 2200)

Thanks for your time.

Sorry, I don't want to be charged an extra more money.