Which is the most liquid asset in accounting?

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Solution

Cash in hand is considered the most liquid asset in accounting.

Also read:

What Is a Fixed Asset

What Are Current Assets

What Are Current Liabilities

Non Current Liabilities

Learn about more questions and answers on business studies and various other commerce topics from our website.

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Q. In _______, approach assets which are to be used for long term in the business and are not meant to be sold are presented first and assets which are most liquid such as cash in hand, are presented at the bottom.

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Which is the most liquid asset in accounting?

Cash in hand is considered the most liquid asset in accounting. Also read: What Is a Fixed Asset What Are Current Assets What Are Current Liabilities Non Current Liabilities Learn about more questions and answers on business studies and various other commerce topics from our website.

Cash in hand is considered the most liquid asset in accounting.

Also read:

What Is a Fixed Asset

What Are Current Assets

What Are Current Liabilities

Non Current Liabilities

Learn about more questions and answers on business studies and various other commerce topics from our website.