what diff. between current assets and non current assets?
with example.
Answers were Sorted based on User's Feedback
Answer / ganga
1 current assets are those which are ready to sale but non
current assets are nonsale
2 current assets are having short term period& non current
assets having long term period
3 current assets-current liobilities= working acapital
but we can not caluculate like this in non current assets
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / p.sheshu kumar
current asset is a asset example cash and bank accounts
non current assets is aslo a assets example deposits and
advacnes
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / dharani
Current assets are cash or cash equivalent assets which are
convertible to ready cash within one year of the business
like cash, bills receivables, prepaid expenses.
Non current assets are intended for use in the long-term
operations of a business. Fixed assets is the best example
of non current assets.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / guest
current assest means which every
asset is easy to transfer in cash called current ac ex
bills recivable,cheque
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sujatha
1 current assets are those which are ready to sale but non
current assets are nonsale
2 current assets are having short term period& non current
assets having long term period
3 current assets-current liobilities= working acapital
but we can not caluculate like this in non current assets
| Is This Answer Correct ? | 0 Yes | 0 No |
any example should cover all three types of account in one entry
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