Q2655
Which one of the following arrangements represents the order of liquidity?
A.
Cash, Bills Receivable, Stock, Debtors
B.
Cash, Bills Receivable, Debtors, Stock
AnswerC.
Cash, Stock, Bills Receivable, Debtors
D.
Cash, Debtors, Bills Receivable, Stock
Answer: Option B
Solution
Answer: Option B
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