Zelda,the bookkeeper for Travel Unlimited,Inc.,is responsible for issuing payroll checks.Zelda is tired of her job and wants to move to another state.She issues a large check to a fictitious person,Ann Zonk.Zelda takes the check issued to Ann Zonk,forges the name of Ann Zonk,and cashes the check at a local check cashing service.Zelda then leaves town.Assuming Zelda cannot be fund,who will bear the loss in this situation and why?

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The Answer of Zelda,the bookkeeper for Travel Unlimited,Inc.,is responsible for issuing payroll checks.Zelda is tired of her job and wants to move to another state.She issues a large check to a fictitious person,Ann Zonk.Zelda takes the check issued to Ann Zonk,forges the name of Ann Zonk,and cashes the check at a local check cashing service.Zelda then leaves town.Assuming Zelda cannot be fund,who will bear the loss in this situation and why?

Zelda,the Bookkeeper for Travel Unlimited,Inc