Petra Ltd Has $400,000 as Current Assets, $1

Multiple Choice

Petra Ltd has $400,000 as current assets, $1.225 million as property, plant and equipment, and $250,000 as goodwill. In preparing the balance sheet, these assets should be listed in which of the following orders?

A) current assets, goodwill, property, and plant and equipment.
B) current assets, property, plant and equipment, and goodwill.
C) property, plant and equipment, current assets, and goodwill.
D) goodwill is not an asset and is not listed here.