what order should assets appear on the balance sheet?

Expert Solution

Solution:
	In order of liquidity assets should appeared on the balance sheet

	Liquidity means how easily they can be converted into cash, like cash do not need to convert, then the marketable securities and so on.


	Assets order on the balance sheet in the order of liquidity are:

1st	Cash
2nd	Marketable securities
3rd	Accounts receivable
4th	Inventory.
5th	Fixed assets
6th	Goodwill or intangible assets


	In other words , assets on balance sheet are in order of current assets , investment, fixed assets at last intangibles, and in current assets , assets are in the order of how fast they can be converted into cash.

ekkarill92 answered 1 year ago

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