Which of the Following Lists Balance Sheet Items in Correct

question 1

Multiple Choice

Which of the following lists balance sheet items in correct orders, from top to bottom?

• A)Cash, Inventory, Factory
• B)Cash, Factory, Inventory
• C)Payable, Long-term Debt, Short-term Debt
• D)Inventory, Receivables, Owner's Equity

---

Definitions:

Reasonable Price

A price that is fair and appropriate for the value of the goods or services offered, often considered in legal and contractual contexts.

Real Estate Agent

A licensed professional who represents buyers or sellers in real estate transactions.

Property Appraised

The process of determining the market value of a property, usually conducted by a professional appraiser, based on its condition, location, and characteristics.

Sale Contract

A legal agreement between a seller and a buyer specifying the terms and conditions for the sale of goods or property.