Question: Which one is the correct order for listing current assets in balance sheet? Group of answer choices Cash Accounts Receivable Short - term Investments Inventories

Which one is the correct order for listing current assets in balance sheet?
Group of answer choices
Cash Accounts Receivable Short-term Investments Inventories
Cash Short-term Investments Inventories Accounts Receivable
Cash Short-term Investments Accounts Receivable Inventories
Cash Inventories Short-term Investments Accounts Receivable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!