0 votes
in Accounts by (35.5k points)

Quick asset does not include: 

a) Cash in Hand 

b) Prepaid Expenses 

c) Marketable Securities 

d) Trade and Receivables 

i) (a), (b), (d) 

ii) only (c) 

iii) only (b)

iv) (b) & (c)

Please log in or register to answer this question.

1 Answer

+1 vote
by (32.2k points)

Correct option is iii) only (b)

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.