Which classification of assets will appear last in the Statement of Financial Position?
A) Intangible Assets.
B) Current Assets.
C) Long-term investments.
D) Property,Plant and Equipment.

Question

Quizplus · Accepted Answer

Current assets appear last in the Statement of Financial Position as they are the most liquid assets, typically listed after non-current assets like intangible assets, long-term investments, and property, plant, and equipment.

Which Classification of Assets Will Appear Last in the Statement