In Which Order Will Assets Be Listed in a Balance

question 42

Multiple Choice

In which order will assets be listed in a balance sheet?

• A)In ascending order of the value of the asset
• B)In alphabetical order
• C)In ascending order of the date of purchase of asset
• D)In order of liquidity
• E)In order of importance for the company

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Definitions:

Hydrogen Ion

A positively charged ion or proton, H+, which is common in acid-base reactions in chemistry and biological systems.

Structural Organization

Refers to the way in which different parts of an organism or system are arranged and work together.

Organelle

An organelle is a specialized subunit within a cell that has a specific function, enclosed either by its own membrane or none.

Chemical Bonds

Attractive forces that hold atoms together in compounds, crucial for the formation of molecules and materials.