Question : Which of the following will be covered under liquid assets?

Option 1: Cash 

Option 2: Bank 

Option 3: Debtor

Option 4: All of the above

Question : Identify the assets which is not transferred to Realisation A/c from the following:

Option 1: Bills receivable

Option 2: Cash in hand/bank

Option 3: Goodwill

Option 4: Prepaid expenses

Question : Which of the following do not included in the "Liquid Assets"?

Option 1: Bank Balance

Option 2: Inventory

Option 3: Debtors

Option 4: Bills Receivable

Question : Goodwill and patents fall under the category of ________.

Option 1: Current assets   

Option 2: Liquid assets 

Option 3: Intangible assets 

Option 4: Tangible assets 

Question : Goodwill and patents fall under the category of ________.

Option 1: Current assets   

Option 2: Liquid assets 

Option 3: Intangible assets 

Option 4: Tangible assets