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Which current asset follows Cash in hand / Cash at bank in order of liquidity?

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Question

Which current asset follows Cash in hand / Cash at bank in order of liquidity?

Options

  • Bills receivable

  • Finished goods inventory

  • Marketable securities

  • Prepaid expenses

MCQ
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Solution

Marketable securities follow Cash in hand / Cash at bank in the order of liquidity. They appear before Bills receivable and the other listed current assets.

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