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  3. Study Set
    Intermediate Accounting Study Set 3
  4. Exam
    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    By Grouping Assets in Decreasing Order of Liquidity, the Accounts
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By Grouping Assets in Decreasing Order of Liquidity, the Accounts

Question 133

Question 133

True/False

By grouping assets in decreasing order of liquidity, the accounts receivable account will almost always be the first item on the balance sheet.

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