Which of the Following Is Normally the First Asset Listed

question 112

Multiple Choice

Which of the following is normally the first asset listed on a balance sheet?

• A) inventory
• B) accounts receivable
• C) equipment
• D) cash

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Definitions:

Installed

The process of putting a software program onto a computer or mobile device so it can be used.

Cable TV

A system of delivering television programming through coaxial cables to subscribing consumers.

Two-Way Service

A type of service that allows for bidirectional communication between parties, enabling both sending and receiving of information.

Mobile Hotspots

Devices or smartphones that provide a portable Wi-Fi network, allowing other devices to connect to the internet through their cellular data connection.