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  3. 1. the correct order to present current assets is

1. The correct order to present current assets is a. Cash, accounts receivable, prepaid items,...

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Accounting

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1. The correct order to present current assets is a. Cash, accounts receivable, prepaid items, inventories. b. Cash, accounts receivable, inventories, prepaid items. c. Cash, inventories, accounts receivable, prepaid items. d. Cash, inventories, prepaid items, accounts receivable. (Current vs. Long-term Liabilities) Frederic Chopin Corporation is preparing its December 31,2025 , balance sheet. At December 31 , bonds payable of $100,000,000 are outstanding. The bonds pay 12% interest every September 30 and mature in installments of $25,000,000 every September 30 , beginning September 30,2026. Please indicate the dollar amounts to be reported as a current liability and as a long-term liability, if any

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