The general ledger clerk can maintain custody of physical assetsSelect one:TrueFalse

The general ledger clerks should not:Select one:a.Both of the choicesb.none of the choicesc.prepare journal vouchers,or have custody of physical assets.d.have record keeping responsibility for special journals or subsidiary ledgers

The general ledger clerk can make entries in special journals or subsidiary ledgersSelect one:TrueFalse

The general ledger clerk can prepare journal vouchersSelect one:TrueFalse

Assets, Liabilities, and Owner's Equity are permanent accountsSelect one:TrueFalse

An arrangement in which the rightful possessor of personal property gives the property to someone who has agreed to hold the property and who has a duty to return it is known as:Question 2Select one:a.a treasure trove.b.a bailment.c.production.d.a donation.