In what order would the following assets be listed on a balance sheet?
A)Cash,Short-term Investments,Accounts Receivable,Inventory.
B)Cash,Intangible Assets,Accounts Receivable,Property and Equipment.
C)Cash,Accounts Receivable,Property and Equipment,Inventory.
D)Cash,Inventory,Intangible Assets,Accounts Receivable.

Question

Quizplus · Accepted Answer

The assets would be listed in order of their liquidity, with cash being the most liquid and inventory being the least liquid. Therefore, the correct order would be cash, short-term investments, accounts receivable, and inventory.

In What Order Would the Following Assets Be Listed on a Balance