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When assets are listed in order of liquidity in a Balance Sheet in which order the following shall appear ? (a) Land and Building, (b) Cash in hand, (

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When assets are listed in order of liquidity in a Balance Sheet in which order the following shall appear ?
(a) Land and Building, (b) Cash in hand, (c) Machinery, (d) Bills Receivable
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1. Cash in Hand, 2. Bills Receiable, 3. Machinery, 4. Land and Building
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