Question: IN Sage 50 Accounting, when the session date is advanced to the first day of the fiscal year, which of the following is true: a)

IN Sage 50 Accounting, when the session date is advanced to the first day of the fiscal year, which of the following is true: a) The program resets the temporary accounts balances to zero but continues with the journal entry number in sequence, b) requires the user to input the closing entry to transfer the drawings balance to capital or dividends declared to retained earnings, c) maintains Project module detail recognizing that the projects may not always start and finish within the fiscal year, d) the fiscal year dates (start, end) must be confirmed in the system setting

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