Question

cash at bank a. it is a liquid assets b. it is a current assets c. both a and b d. it is a. non current assets
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Answer 1

Answer:

I think the answer is option c

Explanation:

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Answer 2

Answer:

C. Both A and B

Explanation:

Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets. A liquid asset is cash on hand or an asset other than cash that can be quickly converted into cash at a reasonable price. In other words, a liquid asset can be quickly sold on the market without a significant loss of its value