The Following Accounts Are Listed in Order of Liquidity

question 12

Multiple Choice

The following accounts are listed in order of liquidity. Which of the following is CORRECT?

• A)Cash, Accounts Receivable, Inventory, Furniture
• B)Furniture, Cash, Inventory, Accounts Receivable
• C)Furniture, Cash, Accounts Receivable, Inventory
• D)Cash, Inventory, Accounts Receivable, Furniture

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Definitions:

Cytosine

A nitrogenous pyrimidine base that is a component of nucleic acids.

Thymine

A pyrimidine base found in DNA, paired with adenine in the DNA double helix.

DNA Encoding

The process by which genetic information is represented in the DNA using the sequence of four nucleotides (adenine, thymine, cytosine, and guanine) to instruct the development and functioning of organisms.

Nucleotide Sequence

The precise linear order of nucleotides in a DNA or RNA molecule, which encodes the genetic information of an organism.