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A) cash, debor, bank, stock B) Bank, cash, stock, debtor C) Stock, bank, cash, debtorD) Cash, bank, debtor, stock
Cash, bank, debtor, stock Accourding to the IFRS 2017
In appropriate order of currewnt assest in balance sheet a cash bank debtor stock comes proportionally
Based on my knowledge, it should start with the most liquid which is cash. Its order is based on the liquidity of the asset.
The answer should be option C
b) CASH, BANK, STOCK, DEBTORS
Option D is the right answer.
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.
