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Which of the following should be the most appropiate order of current asset in a balance sheet?

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تم إضافة السؤال من قبل Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
تاريخ النشر: 2015/06/02
Mahmoud Hussien
من قبل Mahmoud Hussien , مدير مالى , Green Touch Hard & Softscaping

Cash, bank, debtor, stock Accourding to the IFRS 2017

Rupak Subedi
من قبل Rupak Subedi , Assistant manager , Albandar

In appropriate order of currewnt assest in balance sheet  a cash bank debtor stock comes proportionally

Adonis Evan  de Leon
من قبل Adonis Evan de Leon , Accounting Assistant , Univation Motor Philippines, Inc. (Former Nissan Motor Philippines, Inc) ─ S

Based on my knowledge, it should start with the most liquid which is cash. Its order is based on the liquidity of the asset.

Zahra Tanwir
من قبل Zahra Tanwir , Finance Officer , Bureau Veritas

The answer should be option C

Muhammad Kashif Safdar
من قبل Muhammad Kashif Safdar , Group Accounts Manager , Eden Global Investments Ltd.

b) CASH, BANK, STOCK, DEBTORS

Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option D is the right answer.

Rauf Latif Babar Bhatti
من قبل Rauf Latif Babar Bhatti , Supervisor Accounts Payable , United Electronics Co. LLC (Authorized Agent of Mitsubishi Electric in UAE & Qatar)

As per IFRS there is not mentioned any order of current assets for balance sheet (financial postions) preparation. However, tradionally, from more liqued to less liqued ..... can be follwed. 

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