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      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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