SageForum for UK versions of Sage 50- Help and support.

Hey , just wandering if anyone could help.
I restored the file which we were given at the start of the question.

Its says make the following adjustments to the accounts:

1.TRANSFER from petty cash A/C to Bank A/C - £9000
2. The closing stock is value at -£30000
3.It is noticed that the goods returned by S Patel & Co were for £450 + VAT , not £400 +VAT - make the correction
4.D .F Rennie has just informed us that his company has gone into receivership and will not be able to pay his debt.



Just wandering how i would go about making these adjustments. Any help is appreciated.

1. Do a reverse transfer for the same amounts on the same date.
2. Make a journal entry to correct it.
3. Reverse the credit note and redo the credit note.
4. Put the account of stop, get details of the receiver and lodge a proof of debt.