The most important item on the balance sheet is:
A)cash.
B)disbursements.
C)expenses.
D)receivables.

Name: The most important item on the balance sheet is: A)cash. B)disbursements. C)expenses. D)receivables.
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Question

Quizplus · Accepted Answer

Cash is the most important item on the balance sheet as it reflects the liquidity of the company and its ability to meet short-term obligations. Without cash, a company may struggle to pay its bills or take advantage of business opportunities.

The Most Important Item on the Balance Sheet Is