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Money
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∙ 14y ago
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What is least liquid current asset?
The least liquid asset that most people have is their house.
Which of these is the most liquid asset?
The least liquid asset that most people have is their house.
Why is cash an asset?
Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.
Is land a liquid or non liquid asset?
is land a liquid asset
Are sundry debtors a liquid asset?
liquid asset
Is asset is cash?
Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.
Why is cash so important?
Because it is the most liquid asset
Which is the least liquid asset?
inventory is our least liquid asset.
Is a fishing permit a non-liquid asset or liquid asset?
It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.
Money is the most liquid asset available because?
it has intrinsic value
What is the difference between current asset and liquid asset?
liquid asset can be converted into cash within a very short span of time...
Is a loan a liquid or illiquid asset?
liquid assets
