The order of liquidity of Current Assets is:
(A) Cash in Hand
(B) Marketable Securities
(C) Bills Receivable
(D) Debtors
Choose the correct answer from the options given below:
The order of liquidity of Current Assets is:
(A) Cash in Hand
(B) Marketable Securities
(C) Bills Receivable
(D) Debtors
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 1
Current assets arranged in descending order of liquidity: cash in hand is the most liquid, followed by marketable securities that can be sold quickly, then bills receivable which have fixed maturity, and finally debtors. Order: (A), (B), (C), (D).
Related questions:
2025: 13 May Shift 1