Financial and Management Accounting

1: The following four assets normally appear in the balance sheet 1. Advance salary 2. Copyright 3. Preliminary expenses 4. Loose tools The correct order in which these are to appear in the balance sheet if drawn in order of permanency will be
A.

4,2,1,3

B.

3,2,4,1

C.

1,2,3,4

D.

2,4,1,3

 

Answer : D

Explanation :

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Option: A

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