Final answer:
On a corporate balance sheet, 'Buildings and other property' are typically listed after more liquid current assets. Fixed assets are less liquid and include land and buildings, with land usually listed first within that category because it does not depreciate over time.The correct option is D.
Step-by-step explanation:
The account that is generally listed first on a corporate balance sheet is Buildings and other property. On the balance sheet, assets are typically listed in order of their liquidity, meaning how quickly the assets can be converted into cash. Buildings and other property (fixed assets) are usually more permanent and not as liquid as other assets. Therefore, current assets like cash and marketable securities are listed first, followed by investments and fixed assets like land, buildings, and equipment. However, within the section of fixed assets, land and improvements often come before buildings because land is not depreciated over time.