Accountancy, asked by hayoorabaa, 1 month ago

Distinguish between Order of Liquidity and Order of Permanence.

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Answered by pmshahmodasa
0

Answer:

sorry I don't know pls sorry for the first time in the

Answered by Anonymous
0

Liquidity orders arrange the assets as per decreasing liquidity, while permanence as per permanence order.

  • Liquidity is the trait of a resource for getting changed over to money. The quicker a resource can be changed over to money, the more fluid it is.
  • The resource permanence for staying with association or life span of the existence of a resource with the association. The more drawn out a resource stays with an association, the more perpetual quality it has.
  • Under liquidity order, the resources are masterminded in the diminishing request of their liquidity. Under permanence order, the resources are organized in the diminishing request of changelessness.
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