Which of the following is the correct balance sheet presentation for current assets?
A)Cash, inventories, account receivables, prepaid expenses.
B)Cash equivalents, cash, other current assets, accounts receivable.
C)Cash, accounts receivable, inventories, prepaid expenses, other current assets.
D)Marketable securities, cash, accounts receivable, prepaid expenses.

Question

Quizplus · Accepted Answer

The correct order for presenting current assets on a balance sheet is typically: cash, accounts receivable, inventories, prepaid expenses, and other current assets.

Which of the Following Is the Correct Balance Sheet Presentation