The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2018:
The current assets should be listed on Postal Service's balance sheet in the following order:
A) cash, accounts receivable, prepaid insurance, equipment.
B) cash, prepaid insurance, supplies, accounts receivable.
C) cash, accounts receivable, prepaid insurance, supplies.
D) equipment, supplies, prepaid insurance, accounts receivable, cash.
Correct Answer:
Verified
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