Social Sciences, asked by Anonymous, 4 months ago

hloo koi jinda he???what is current assets and liabilities???​

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Answered by Mysteryboy01
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what is current assets and liabilities ???

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Current Assets

Current assets are all the assets of a company that are expected to be sold or used as a result of standard business operations over the next year. Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.

Current Liabilities

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. ... An example of a current liability is money owed to suppliers in the form of accounts payable.

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