Accountancy, asked by aryandangi321, 3 months ago

what is sunddry assets?

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Answered by TheBrainlyKing1

2

Sundry assets, frequently known as other current assets (OCA), are uncommon or insignificant things of value a company owns, such as a piece of unimproved land or restricted cash.

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Answered by ratamrajesh

1

Explanation:

Sundry assets, frequently known as other current assets (OCA), are uncommon or insignificant things of value a company owns, such as a piece of unimproved land or restricted cash.If the company sells these assets, it will record the resulting income as sundry or miscellaneous income on its income statement.

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