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On a partner's personal statement of financial condition, assets and liabilities are presented: I. As current and noncurrent. II. In order of liquidity and maturity.

On a partner's personal statement of financial condition, assets and liabilities are presented:

  1. I. As current and noncurrent.
  2. II. In order of liquidity and maturity.

Multiple Choice

  • I

    Incorrect
  • II

  • Neither I nor II

  • Both I and II

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