In general,what is changing as you read down the left-hand side of a balance sheet?
A) The assets are becoming more fully depreciated.
B) The assets are increasing in value.
C) The assets are increasing in maturity.
D) The assets are becoming less liquid.

Question

Quizplus · Accepted Answer

The left-hand side of the balance sheet represents the assets of the company. As you read down the left-hand side, you will typically see the assets becoming less liquid. This means that they are becoming more difficult to convert into cash, such as long-term investments, property, and equipment.

In General,what Is Changing as You Read Down the Left-Hand