Accountancy, asked by abhishekchaurasiya43, 1 month ago

The terms of Balance Sheet should be shown in order / sequence.

Answers

Answered by pguptakne2886

2

Answer:

MARK ME AS BRAINLEST ANSWER PLEASE.

Explanation:

Order of liquidity is the presentation of assets in the balance sheet in the order of the amount of time it would usually take to convert them into cash. Thus, cash is always presented first, followed by marketable securities, then accounts receivable, then inventory, and then fixed assets. Goodwill is listed last

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