Accountancy, asked by dugu78, 11 months ago

examples of current assets and what is current asset​

Answers

Answered by krish3046
5

Answer:

exples are cash, including foreign currency.a current asset is an entity's balance sheet that is either cash or cash equivalent

Answered by indrajaindu836
5

Answer:

assets which are help for a short period are known as current assets. Such assets are expected to be realised in cash or consumed during the normal operating cycle of the business.

examples of current asset.

current Investments

inventory

trade receivtrade

cash and cash equivalents

short term loans and advance

other current asset example prepaid expenses, advance taxes interest accrued on Investments etc

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