Assets Are Listed on the Balance Sheet in Order of Liquidity.Which

Multiple Choice

Assets are listed on the balance sheet in order of liquidity.Which of the following items reflects the normal order of liquidity?

A) Cash,Accounts receivable,Inventory,Bills receivable
B) Non-current assets,Inventory,Bills receivable,Cash
C) Cash,Inventory,Bills receivable,Accounts receivable
D) Bills Receivable,Inventory,Accounts receivable,Cash