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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).

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