Question $10$

$1$

Point

Allocations that don$$t equal $100\%,$ places the General Ledger out of balance.

True

False

Question $11$

$1$

Point

Sales returns are allocated so the allocated sales are reduced.

True

False

Question $12$

$1$

Point

An allocated journal entry shows the allocation in a third column.

True

False

Question $13$

$1$

Point

If a checkmark appears in the Allocations column of the Sales or Purchase invoice, this means the line has not be allocated yet.

True

False

Question $14$

$1$

Point

HST is normally allocated in the same proportions to the projects.

True

False

Question $15$

$1$

Point

The allocated amounts are automatically shown when you view a journal entry for the first time.

True

False