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Arrange the following assets in the balance sheet of a sole trading concern in the order of permanence.

+3 votes

asked Mar 16, 2019 in Class 11 by kratos

Arrange the following assets in the balance sheet of a sole trading concern in the order of permanence.

• Cash

• Building

• Closing stock

• Machinery

financial statements
class-11

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1 Answer

+2 votes

answered Oct 4, 2020 by kratos

Best answer

• Cash

• Stock

• Machinery

• Building.

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