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what is the order in praparing the balance sheet, placing
of assets
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Answer Posted / h.r. sreepada bhagi
A correction to my above answer - Over all arrangement of
assets is on importance or reverse liquidity - Fixed Assets,
Investments-Current Assets. Current Assets are arranged in
the order of liquidity & as such Cash on Hand appears first
followed by other assets.
| Is This Answer Correct ? | 4 Yes | 0 No |
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