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Home › CBSE Class 11 (Commerce) › Accountancy › Financial Statements of Sole Proprietorship › Arranging assets and liabilities in a set order …

Arranging assets and liabilities in a set order is known as what?

AMarshalling
BPosting
CBalancing
DCapitalising
Answer & Solution
Correct answer: A. Marshalling
The arrangement of balance sheet items in an order of liquidity or permanence is marshalling.
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