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When creating a financial statement in order of reverse liquidity which type of assets is listed
first?
A) current
B) long term
C) intangible
D) disposed
When creating a financial statement in order of reverse liquidity which type of assets is listed
first?
A) current
B) long term
C) intangible
D) disposed
A) current
B) long term
C) intangible
D) disposed
Solution
Answer -(B) Longterm
in order of reverse liquidity Long Term Assets is Listed First, In liquidity oder Cash (current
assets) is placed first

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When creating a financial statement in order of reverse liquidity.pdf

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