Given below are the examples of current Assets. Identify which of them is highly liquid? |
Marketable securities Cash in hand Debtors Prepaid expenses |
Cash in hand |
Examples of current assets, in order of their liquidity, are as under. 1. Cash in hand/Cash at Bank 2. Marketable securities 3. Bills receivable 4. Debtors 5. Finished goods inventory 6. Work in progress 7. Raw materials 8. Prepaid expenses |