0
Anonymous
Chat with our AI personalities
The least liquid asset that most people have is their house.
is land a liquid asset
liquid asset
inventory is our least liquid asset.
It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.
liquid asset can be converted into cash within a very short span of time...
yes a coin collection is personal property.
no
liquid assets
Collection of coins is called collection of cons only n there is no specific word for it. It is different from numismatics as numismatics is the systematic study of coins. Mere collection of coins cannot be called as numismatics.
Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.