Kimberly K.

asked • 01/17/16

Accounting Question for a Balance Sheet

I'm doing current assets on a balance sheet. It wants the assets in order of liquidity.

I know cash is #1 but what order does it come in after that?

Here are my options:
#1: Cash
Accounts Receivable
Inventory
Prepaid Insurance
Stock Investments

1 Expert Answer

By:

Kimberly K.

Thank you! Everything was right except my grading system said that inventory comes before prepaid insurance in liquidity.
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01/17/16

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