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The correct order of presentation in a classified balance

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Reference no: EM13483007

The correct order of presentation in a classified balance sheet for the following current assets is:

(a) accounts receivable, cash, prepaid insurance, inventory.

(b) cash, inventory, accounts receivable, prepaid insurance.

(c) cash, accounts receivable, inventory, prepaid insurance.

(d) inventory, cash, accounts receivable, prepaid insurance.

Reference no: EM13483007

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