Current assets are shown in the balance sheet in order of performance as
- debtors, stock, bank and cash
-
stock, debtors, bank and cash
- stock, bank, debtors and cash
- debtors, stock, cash and bank
The correct answer is: B
Explanation
The current assets are usually listed on the balance sheet in the following order:
- inventory (stock)
- account receivables e.g debtors
- marketables securities
- cash and cash equivalent