Why prepaid expense are not considered as liquid assets?

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Dear Student

Liquid assets are those assets which can be converted into cash or its forms quickly, now prepaid assets are those assets which can not be converted into cash or its equivalents generally. Hence they are not considered as liquid assets.

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Why prepaid expense are not considered as liquid assets?

Dear Student Liquid assets are those assets which can be converted into cash or its forms quickly, now prepaid assets are those assets which can not be converted into cash or its equivalents generally. Hence they are not considered as liquid assets. Regards

Dear Student

Liquid assets are those assets which can be converted into cash or its forms quickly, now prepaid assets are those assets which can not be converted into cash or its equivalents generally. Hence they are not considered as liquid assets.

Regards