Accounting 0452 · IGCSE · Accounting principles

Accounting principles — practice question

In what sequence would current assets be shown if they are ordered from highest to lowest liquidity?

  • Abank, cash, trade receivables, inventory
  • Bcash, bank, trade receivables, inventory
  • Cinventory, trade receivables, bank, cash
  • Dinventory, trade receivables, cash, bank

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