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define current assets? asked on 30/7/09

Answer Posted / 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.

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