Accountancy, asked by yadavmanoj30519, 7 days ago

what do you understand by liquidity of balance sheet​

Answers

Answered by jayaramanjeevarathin
1

Answer:

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.

Explanation:

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