Which is the most liquid form of assets?
A)cash
B)accounts receivable
C)inventory
D)supplies

Name: Which is the most liquid form of assets? A)cash B)accounts receivable C)inventory D)supplies
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Question

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Cash is the most liquid asset as it can easily be converted into any other form of asset or used to make payments. Accounts receivable may take time to convert into cash, inventory might take time to sell and supplies are not as easily convertible into cash as cash itself.

Which Is the Most Liquid Form of Assets