SHORT ANSWER 1. How do you create and send an invoice in Sage 50cloud? 2. What steps would you take to reconcile a bank account using Sage 50cloud? 3. Explain the process for setting up and managing inventory items in Sage 50cloud. 4. How do you generate a profit and loss report in Sage 50cloud? 5. Describe how to enter and manage vendor bills in Sage 50cloud. 6. What is the procedure for recording a customer payment against an invoice in Sage 50cloud? 7. How do you apply a credit memo to a customer's account in Sage 50cloud? 8. Explain how to use the bank rules feature in Sage 50cloud. 9. How can you use Sage 50cloud to track and report on sales tax? 10. Explain the steps to import and export data in Sage 50cloud