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प्रश्न
Why prepaid expenses are not considered as liquid assets?
लघु उत्तर
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उत्तर
Prepaid expenses are not considered liquid assets since they cannot be quickly turned into cash. Unlike cash or receivables, prepaid expenses are payments for future services or items that are used over time. Since they cannot be used directly to fulfil short-term obligations, they lack liquidity and are not classified as liquid assets.
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