Question

Which one oF the following assets could be described as a current asset?​

Answer 1

Answer:

Assets that are reported as current assets on a company's balance sheet include: Cash, which includes checking account balances, currency, and undeposited checks from customers (if the checks are not postdated) ... Accounts receivable, or trade receivables, after deducting an allowance for doubtful accounts.

Explanation:

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Answer 2

Answer ⤵️

Assets that are reported as current assets on a company's balance sheet include: Cash, which includes checking account balances, currency, and undeposited checks from customers (if the checks are not postdated) ... Accounts receivable, or trade receivables, after deducting an allowance for doubtful accounts.

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