Question

state the meaning of term ' Assets ' with example.​

Answer 1

Answer:

Current assets are assets that are expected to be consumed or converted into cash within one year. ... Examples include cash

Explanation:

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Answer 2

Answer:

Current assets are assets that are expected to be consumed or converted into cash within one year. ... Examples include cash, short-term investments, inventory, and accounts receivable (which is the expected payments from customers for goods or services performed).