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On July 14, Ryan Fields purchased additional equipment for the nursery from a new supplier, Yarmouth Supplies. Fields entered the purchase incorrectly as a purchase from Yardworks Inc. He did not discover the error until two weeks later when the invoice was due. When he tried to make the payment in the Payments Journal, Yarmouth Supplies did not appear on the supplier list, so he could not make the payment. At that time, Fields was certain that he had entered the purchase but did not remember exactly how he had entered it
Problem a) How can he find the original entry? In detail, describe how he would make the necessary corrections to complete the payment.
Problem b) If he already paid the invoice to the wrong supplier and the supplier cashed the cheque, what would you do to make the corrections in Sage 50?
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