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1. A company has one open fiscal year, FY2026. You submit an invoice dated in January 2027. What does Zeyto do?
2. Setting a fiscal year's Status to Closed in Settings posts closing entries to the ledger.
3. What does Zeyto check about a TRN typed in Company Profile?
4. Why should you set Base Currency before posting your first document?
5. Which two roots appear on the Profit & Loss?
6. You cannot post a journal line directly to a group account; only ledgers take postings.
7. A ledger has postings in it and you no longer want to use it. What is the right action?
8. Which statements about System accounts are true? (Select two.)
Select all that apply.
9. Two active ledgers both have Account Type Receivable. An invoice needs a receivables account. Which does Zeyto use?
10. In double entry, total debits and total credits of every entry are:
11. What is the normal balance of an Income account such as Sales?
12. A debit always means money leaving the business.
13. A shop pays AED 3,000 rent in cash. Which entry is correct?
14. Stock is bought on credit for AED 2,000 plus 5% VAT. What is credited to Trade Payables?
15. A cash sale is AED 800 plus 5% VAT. Which lines are part of the entry? (Select three.)
Select all that apply.
16. What must be true before Zeyto lets you Post a journal voucher?
17. A posted journal voucher is corrected by reversing it (Amend or Cancel Voucher), not by editing it in place.
18. A journal line uses the Trade Receivables ledger. What extra information does Zeyto require?
19. You posted a journal with the wrong amount. What happens when you press Amend and save the corrected figure?
20. An accountant wants a manual entry that must appear on the VAT return. Which screen should be used?
21. In the General Ledger, which Doc No marks the line that holds everything posted before the period?
22. Cash in Hand opens at AED 10,000 Dr. During the month there is a cash receipt of AED 1,050 and a cash payment of AED 3,000. What is the closing balance?
23. In the General Ledger a minus Running Balance is a credit balance.
24. What should the two Closing totals of a trial balance show?
25. A trial balance has Closing Dr 53,150 and Closing Cr 53,150. What can you conclude?
26. Which errors would a trial balance NOT reveal? (Select two.)
Select all that apply.
27. What does submitting a Quotation post?
28. A Delivery Note is submitted for goods costing AED 300. What is posted?
29. Which three records does the Posting Trail show for a document?
30. A cash sale of AED 1,000 plus 5% VAT is made for goods costing AED 600. What is the total of all debits posted?
31. Opening entries typed in total: debits AED 100,000 and credits AED 90,000. What does Zeyto do when you post?
32. FY2026 income totals AED 400,000 and expenses AED 330,000. What does the Year-End Close do to Retained Earnings?