Current Assets Are Usually Listed In Order What?
Current Assets are usually or normally listed / recorded on b ala nce s heet i n order of liquidity i.e., t hese are listed i n order of t h e most Quick Assets / Liquid Assets Lists or w h ic h are convertib le i nto cas h very quickly a nd t he n ot her assets will come which is less liquid tha n the previous asset. These assets are easily used to receive or pay cash i n order to earn revenues or meet daily expenses for running daily b usi ness operations. Curre nt Assets Lists in t h e order Liquidity are s how n b elow: 1. Cas h 2. Cash Equivalents 3. Accou nts Receivab le (Sundry Debtors) 4. Inventory / Stock / Merchandise 5. Prepaid Expenses / Accrued Incomes or Revenues 6. A ny Ot her Assets