Assets that can be easily be converted into cash or are already in cash f

what is the quick asset

Question Posted / sathish

Answer Posted / sathish

Assets that can be easily be converted into cash or are
already in cash form. It is calculated as current assets
minus inventories

Is This Answer Correct ?

1 Yes

1 No

Please Help Members By Posting Answers For Below Questions

i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

2450

Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1898

tell me about roll model as father

2250

cost accounting process

2052

What is the difference between reserve and provision.

2251

What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2204

what is difference between venture capital financing and equity financing?

2101

what are the customization u have done in sap mm

2273

Short Answer on ________Adjusting Entries

2153

plz send me a solved paper on SBI of clerk post

2256

Examples of automatic generated content material of car logbook loans?

1815

wages posted twice what is the entry for that?

2347

What is Inventory Control?

5055

send me accounting test ppaers

2190

what is the system of accounting and banking in cooperative bank?

3422