The correct order of liquidity is
...The correct order of liquidity is
Stock, debtors, prepayments and cash
Cash, payments, debtors and stock
Stock, cash, debtors and preyaments
Debtors, stock, cash and prepayments
Correct answer is A
No explanation has been provided for this answer.
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
In dealing with incomplete records, fixed assets are posted to? ...
\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...
Factory wages are always entered into the ...
Which of the following is found on the credit side of a profit and loss account? ...
The correct entry to reflect the receipt of cash sent by a branch to a head office is ...
Which of the following is an example of intangible assets? ...