In What Order Would the Following Assets Be Listed on a Balance

question 124

Multiple Choice

In what order would the following assets be listed on a balance sheet?

• A)Cash,Short-term Investments,Accounts Receivable,Inventory.
• B)Cash,Intangible Assets,Accounts Receivable,Property and Equipment.
• C)Cash,Accounts Receivable,Property and Equipment,Inventory.
• D)Cash,Inventory,Intangible Assets,Accounts Receivable.

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Definitions:

Maturity Value

The amount payable to an investor at a security's maturity date, including both the principal and any final interest payments.

Bonds

Long-term debt instruments issued by corporations or governments to raise capital, with the issuer promising to pay back the principal along with interest on specified dates.

Annual Interest Payment

the amount of money paid in interest to lenders or bondholders over the course of a year.

Accounting Period

A specific period of time covered by financial statements, usually a fiscal quarter or year.