The correct order of presentation in a classified balance sheet for the following current assets is

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The correct order of presentation in a classified balance sheet for the following current assets is

a. accounts receivable, cash, prepaid insurance, inventories.
b. cash, accounts receivable, inventories, prepaid insurance.
c. cash, inventories, accounts receivable, prepaid insurance.
d. inventories, cash, accounts receivable, prepaid insurance.

Answer: B

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