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  1. business
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  3. while it is recognized that arrangement of account

While it is recognized that arrangement of account classification on the balance sheet will vary...

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Accounting

While it is recognized that arrangement of account classification on the balance sheet will vary depending upon the purposes for which
the balance sheet is prepared, it is recognized as equally important that the:
asset account group be listed as fixed and the liability account group be listed as to currency
asset and the liability account groups be listed alphabetically
asset and liability account groups in any balance sheet should be listed in similar order of sequence according to liquidity or fixed
asset account group be listed as to liquidity and the liability account group be listed as fixed
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