The correct order of liquidity is

Accounts - Principles of Accounts WAEC 2005

The correct order of liquidity is

  • stock, debtors, prepayments and cash checkmark
  • cash, payments, debtors and stock
  • stock, cash, debtors and preyaments
  • debtors, stock, cash and prepayments

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment