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Question
In a company’s balance sheet Assets are shown in the order of ________.
Options
Market Value
Liquidity
Permanence
None of these
MCQ
Fill in the Blanks
Solution
In a company’s balance sheet Assets are shown in the order of permanence.
Explanation:
Fixed assets are listed first on the balance sheet, followed by investments, current assets, and liquid assets in that sequence.
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Types of Financial Statements
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