Accounting · Balance Sheet Structure and Asset Permanence
Arrange the following assets in decreasing order of permanence (from most permanent to least permanent): 1. Prepaid expenses2. Stock of raw material3. Machinery4. Patents5. Government securities6. Sundry debtors
- 15-6-2-1-3-4
- 24-3-1-2-6-5
- 34-3-6-2-1-5✓
- 45-6-1-2-3-4
Correct answer
4-3-6-2-1-5
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