Question

Current assets doesn't include
a) debtors
b) motor car
c) bank balance
d) pre paid expenses ​

Answer 1

Answer:

b) motor car

I hope this help you

Answer 2

Option B) Motor Car is not included in current asset.

• Current Assets are those assets which are converted into cash within 12 months.

• Option A is included in current assets as debtors can be converted into cash within 12 months.

• Option B is motor car which is non current asset so it will  not be included in current asset.

• Option C is Bank Balance it will also be included in current asset as it is always converted into cash.

• Option D is Pre paid expenses is included in other current assets.