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Pam's Copy Shop is in the process of organizing its assets in the appropriate order. They ask you for help in arranging the following assets: equipment, accounts receivable, cash, merchandise inventory, and notes receivable. You list ____ first and ____ last.

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komalbasit2018

Answer:

Cash, equipment

Explanation:

In accounting principle, it is essential to place the cash first and the equipment in the last of the list. To arrange the assets in a shop the first thing to manage is cash and then the equipments are handled carefully.

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