Question

Which of the following is not a sub-head under the Current Assets?
(a) Cash and Cash Equivalent (b)Trade marks
(c)Short- term Loans and Advances
(d) Inventories

Answer 1

Answer:

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Answer 2

Answer:

The correct answer to this question is Trademarks

Explanation:

Given - A sub-head under the Current Assets.

To Find - Which of the following is not a sub-head under the Current Assets?

Trademarks are not a sub-head under the Current Assets.

Trademark is categorized as a non-current asset since it is an intangible asset without a physical presence. A trademark is a symbol that may be used to separate the products or services of one company from those of other companies. Intellectual property rights provide protection for trademarks.

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