Question

The usual order for the asset subgroups of a classified balance sheet is: Long-term investments, current...

The usual order for the asset subgroups of a classified balance sheet is:

Long-term investments, current assets, plant assets, intangible assets.

Intangible assets, current assets, long-term investments, plant assets.

Current assets, prepaid expenses, long-term investments, intangible assets.

Plant assets, intangible assets, long-term investments, current assets.

Current assets, long-term investments, plant assets, intangible assets.
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Answer #1

answer : current assets , long term investments, plant assets , intangible assets

explanation

1) balance sheet is the statement which records all the assets , liabilities  and shareholders equity of the business for the particular time period (say one accounting year )

2) balance sheet is prepared for knowing the financial position of the business

3) balance sheet records assets on right hand side and all liabilities and shareholders equity on left hand side.

4) the usual order of recording assets on the basis of liquidity as follows

current assets , long term investments , plant assets , intangible assets

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