Which of the following are current assets?
i. Stock
ii. Building
iii. Creditors
iv. Debtors
Which of the following are current assets?
i. Stock
ii. Building
iii. Creditors
iv. Debtors
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Answer:
Current assets is a balance sheet account that represents the value of all assets that can reasonably expected to be converted into cash within one year. current assets include cash and cash equivalents, accounts receivable, marketable securities, prepaid expenses, debtors etc.
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HERE IS UR ANSWER
Debtors are current assets
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