Current Assets Are Usually Listed In Order What?

Current Assets are usually or normally listed / recorded on balance sheet in order of liquidity i.e., these are listed in order of the most Quick Assets / Liquid Assets Lists or which are convertible into cash very quickly and then other assets will come which is less liquid than the previous asset.

These assets are easily used to receive or pay cash in order to earn revenues or meet daily expenses for running daily business operations.

Current Assets Lists in the order Liquidity are shown below:

1. Cash

2. Cash Equivalents

3. Accounts Receivable (Sundry Debtors)

4. Inventory / Stock / Merchandise

5. Prepaid Expenses / Accrued Incomes or Revenues

6. Any Other Assets