Question

Which of the following shows the listed items in their proper order of presentation in a balance sheet?

Answer 1

Option - C - "Current assets, plant assets, intangible assets" shows the listed items in their proper order of presentation in a balance sheet

Explanation:

Request of liquidity is the introduction of benefits to be decided sheet in the request for the measure of time it would generally take to change over them into money.

In this way, money is constantly exhibited first, trailed by attractive protections, at that point records of sales, at that point stock, and fixed resources.

Generosity is recorded last. The inexact measure of time required to change over each kind of advantage into money is noted beneath:  

• Money: No change is required.  

• Attractive protections: A couple of days might be required to change over to trade out most cases.  

• Records receivable: Will change over to trade out understanding with the organization's ordinary credit terms, or can be changed over to money quickly by calculating the receivables.  

• Stock: Could require numerous months to change over to money, contingent upon turnover levels and the extent of stock things for which there is certifiably not a prepared resale advertise. It might even be difficult to change over to money without tolerating a noteworthy rebate.  

• Fixed resources: Change to money depends altogether on the nearness of a functioning secondary selling for these things.  

• Altruism: This must be changed over to money upon the closeout of the business at a satisfactory cost, thus ought to be recorded last.  

The request for liquidity idea isn't utilized for the incomes or costs in the salary proclamation, since the liquidity idea doesn't concern them.  

To put it plainly, the request for liquidity idea brings about a consistent sort grouping for the advantages recorded to be decided sheet.

Answer 2

Answer:

C. Current assets, plant assets, intangible assets

Explanation:

Balance sheet structure

The balance sheet always shows the account based on a liquidity criteria. Then, For Assets, first you will see the current assets then the plant or fixed assets and at the end the intangible assets.  

Please refer to the Image attached to see the whole balance sheet structure.