state any one example for current assets.
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A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash within one year. Examples of current assets are: Cash, including foreign currency. Investments, except for investments that cannot be easily liquidated. Prepaid expenses.
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current assets include cash , cash equivalent , account receivable, stock inventory, marketable securities and other liquid assets. current assets are important to buisness .
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