Select three statements that are true regarding the clearing account. (Choose three.)

An asset clearing account can also be used as a project clearing account.

You can have a maximum of one asset clearing account per asset category.

For each payables document you create, you can have a separate cash clearing account.

You can use Cash in Transit report in cash management only if cash clearing account and cash account are separate.

You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on the balance sheet.