Multiple Choice
Kim's Copy Shop is in the process of organizing its assets in the appropriate order. They ask you for help in arranging the following assets: equipment, accounts receivable, cash, merchandise inventory, and notes receivable. You list ____ first and ____ last.
A) merchandise inventory; notes receivable
B) accounts receivable; equipment
C) notes receivable; accounts receivable
D) equipment; accounts receivable
E) cash; equipment
Correct Answer:
Verified
Correct Answer:
Verified
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