Banks usually arrange their assets and liabilities in the ___________.

Order of permanence

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Order of liquidity

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Order of incomes

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Order of expenses

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Order of liquidity
Banks arrange their assets and liabilities in order of liquidity. They are not required to break them up into currrent and non-current sections.

Suggest Corrections

Similar questions

	₹		₹
Goodwill	20,000	Bank	20,000
Capital	1,80,000	Sundry Creditors	63,000
Liabilities for Expenses	1,200	Bills Receivable	13,000
Cash in Hand	1,000	Plant and Machinery	40,000
Investment	20,000	Provision for Doubtful Debts	2,500
Bills Payable	10,700	Closing Stock	80,000
Net Profit	92,600	Furniture	16,000
Sundry Debtors	50,000	Drawing	30,000
Land and Building	60,000

Join BYJU'S Learning Program