The descending order in which current assets should be shown in the balance sheet is (A) Stock,
Question:
The descending order in which current assets should be shown in the balance sheet is
(A) Stock, Debtors, Bank, Cash
(B) Cash, Bank, Debtors, Stock
(C) Debtors, Stock, Bank, Cash
(D) Stock, Debtors, Cash, Bank.
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The correct answer is D Stock Debtors Cash Bank In a balance sheet current assets are typi...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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