ORDER OF LIQUIDITY Definition

Bookmark and Share

ORDER OF LIQUIDITY is when items on a balance sheet are listed in order of liquidity. After cash, the other current assets are listed in order of liquidity or nearness to cash (i.e. Accounts Receivable first, then Inventory).

Learn new Accounting Terms

DSS is Decision Support System.

EITF see EMERGING ISSUES TASK FORCE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.