Rearrange the following current assets in order of liquidity: (a) Bank balance (b) Bills receivable (c) Cash
Question:
Rearrange the following current assets in order of liquidity:
(a) Bank balance
(b) Bills receivable
(c) Cash in hand
(d) Insurance prepaid
(e) Loans & advances
(f) Marketable securities
(g) Stock-in-trade
(h) Trade receivables
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Related Book For
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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