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Which of the Following Is the Proper Order of Presentation

Question 26

Multiple Choice

Which of the following is the proper order of presentation in the current asset section on the balance sheet?


A) Cash, receivables, inventory, temporary investments, prepaid expenses
B) Cash, temporary investments, receivables, inventory, prepaid expenses
C) Cash, inventory, receivables, temporary investments, prepaid expenses
D) Cash, prepaid expenses, inventory, receivables, temporary investments

Correct Answer:

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