what is current nd what is non current
Answers
Current : Current is the flow of electrical charge carriers like electrons. Current flows from negative to positive points. ... One ampere of current is defined as one coulomb of electrical charge moving past a unique point in a second. Electric current is widely used in household and industrial appliances.
Non current : Noncurrent assets are a company's long-term investments for which the full value will not be realized within the accounting year. Examples of noncurrent assets include investments in other companies, intellectual property (e.g. patents), and property, plant and equipment...
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Current assets are assets that are expected to be converted to cash within a year. ... Current assets include items such as accounts receivable and inventory, while noncurrent assets are land and goodwill. Noncurrent liabilities are financial obligations that are not due within a year, such as long-term debt.