Question

what is mean by loose tools​

Answer 1

Explanation:

Loose tools in accounting are also known as current assets, and will be typically found on any balance sheets that may be produced for your business. ... This term is used to describe how straightforward it would be to transform prepaid insurance and existing stock within your business into physical cash.

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Answer 2

Explanation:

loose tools in accounting are also known as current assets , and will be typiCally found on any balance sheets that may be produced for your business ...This term is used to describe how straight forward it would be to transform prepaid insurance and existing stock within your business into physical cash.