Difference between revisions of "Current Assets"
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== Definition == | == Definition == | ||
| − | '''Current Assets'''. They are valuable resources or property of an organization that will be turned into cash within one year, or used up in the operation of the organization within one year. | + | '''Current Assets'''. They are valuable assets (resources or property) of an organization that will be turned into cash within one year, or used up in the operation of the organization within one year. |
| − | They include | + | They include |
| + | * [[Cash]] | ||
| + | * [[Government Bonds]] | ||
| + | * Marketable [[Securities]] and notes | ||
| + | * [[Accounts Receivable]] | ||
| + | * [[Inventory]], and | ||
| + | * prepaid expenses. | ||
[[Category:Accounts Main]] | [[Category:Accounts Main]] | ||
Revision as of 18:05, 29 March 2021
Definition
Current Assets. They are valuable assets (resources or property) of an organization that will be turned into cash within one year, or used up in the operation of the organization within one year.
They include
- Cash
- Government Bonds
- Marketable Securities and notes
- Accounts Receivable
- Inventory, and
- prepaid expenses.
