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Which of the following is the least liquid asset?


A) Accounts Receivable
B) Cash
C) Certificate of Deposit
D) Inventory
E) Investment in Microsoft Corp.

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Quick assets include Quick assets include

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If Durango Co. writes an NSF check for $100, it will need to subtract that $100 from its bank account balance on the bank reconciliation.

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Short-term investments are quick assets.

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