What are current assets?

Answer Posted / sivannarayana.sana

current assets mean the assets which can be easily converted in to cash ex; cash,bills ricevable ,cash at bank debtors,stock,etc.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to make deductions of the employees from salary against the loan in AP module oracle R12

1689


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1421


Why an Expenditure is called Differed?

1525


1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...

5416


What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?

7809






hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1517


What is account payee cheque? Expand ctc cheque?

726


What is the difference between lc and bg(letter of credit

1478


How Many Accounting Principale

1350


what do you mean by Firm

1189


Who uses accounting?

700


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

1506


Define retail banking?

628


What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?

1094


what is the diffrence between cash flow & cash fund?

1613