Question

List the following assets in order of liquidity
Sundry Debtors, Stock, Land and Building, Plant and Machinery, Furniture, Investments, Cash in Hand and Cash at Bank.

Answer 1

1) Cash in Hand
2) Cash at Bank
3) Stock,
4) Sundry Debtors
5) Investments
6) Furniture
7) Plant and Machinery
8) Land and Building