Which of the following presents the proper ordering of assets, liabilities and equities on the statement of financial position used by some countries that is different from the U.S.?
A) current assets, long-term assets, current liabilities
B) inventories, trade-receivables, cash
C) assets, liabilities, equities
D) current liabilities, long-term liabilities, equities

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The Answer of Which of the following presents the proper ordering of assets, liabilities and equities on the statement of financial position used by some countries that is different from the U.S.?
A) current assets, long-term assets, current liabilities
B) inventories, trade-receivables, cash
C) assets, liabilities, equities
D) current liabilities, long-term liabilities, equities

Which of the Following Presents the Proper Ordering of Assets