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Liquid or Quick assets =

This question belongs to Commerce Accounting
Accounting
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Liquid or Quick assets =

Answer & Solution
Correct Answer: Option A
Liquid or Quick assets = Current assets - (Stock + Work in progress).
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1 Comment
Waqas Yousaf
Waqas Yousaf 7 years ago
stock is part of liquid assets inventory which ready not work in progress can be sold out quickly please elaborate your answer. i have read list of liquid assets it include stock.
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