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    5. Which of the following are not a part of liquid assets/quick assets

    Question

    Which of the following are not a part of liquid

    assets/quick assets
    A Cash Correct Answer Incorrect Answer
    B Debtors Correct Answer Incorrect Answer
    C Prepaid expenses Correct Answer Incorrect Answer
    D Bills receivables Correct Answer Incorrect Answer
    E All are a part of liquid assets Correct Answer Incorrect Answer

    Solution

    Prepaid expenses and stock are not part of liquid assets

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