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Balance sheets list assets in declining order of liquidity. Which of these orders best illustrates this? Cash, accounts receivable, plant and equipment, inventory Cash, accounts
Balance sheets list assets in declining order of liquidity. Which of these orders best illustrates this?
Cash, accounts receivable, plant and equipment, inventory
Cash, accounts receivable, inventory, plant and equipment
Cash, inventory, accounts receivable, plant and equipment
Accounts receivable, cash, inventory, plant and equipment
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