The current assets section of the balance sheet should inclu
The current assets section of the balance sheet should include
The correct order to present current assets is:
a. Cash, accounts receivable, inventories, prepaid items
b. Cash, inventories, prepaid items, accounts receivable
c. Cash, inventories, accounts receivable, prepaid items
d. Cash, accounts receivable, prepaid items, inventories
Solution
The correct order to present current assets is Cash, accounts receivable, inventories, prepaid items Option A is correct