define current assets? asked on 30/7/09
Answers were Sorted based on User's Feedback
current asset is asset which can be converted in to cash
with in short time is called current assets eg:b/r
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / s.kishore kumar
current assts are thouse assts which are convertable into
cash with in short period. eg: short term invest ments.
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / ganesh y
which assets are can be converted into cash in a short
time, such type of assets could be called as current
assests. eg: inventories, marketable securities. etc
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / janani
current assests r those that r easily converted into cash
in a short span and those wich r essentials to run t day to
day activities in the
bussiness.eg,stock,cashinhand,cash@handetc.....
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / alex
An asset which can be converted in to cash with in short time is called current assets. Eg.: cash or equivalent, short-term investments, receivables, inventory, prepaid expenses.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / suraj
CURRENT ASSETS IS ASLO KNOWN AS CIRCULATING ASSETS WHICH
ARE REASONABLY EXPECTED TO BE REALISED IN CASH OR CONSUMED
OR SOLD DURING NORMAL OPERATING CYCLE OF THE BUSINESS EX,
CASH, STOCK, DEBTORS,SHORT TERM INVESTMENTS B/R E.T.C.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / guest
current assets means these assets which help a bussiness to
run
Is This Answer Correct ? | 2 Yes | 3 No |
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