what diff. between current assets and non current assets?
with example.
Answer Posted / 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 |
Post New Answer View All Answers
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
how we can calculate sundry debtors and crditors a/c?show some examples
What are the steps involved in project implementation?
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
What are the most important goals of accounts receivable?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
export sales contract and domestic sales contract? india's trade in commercial services?
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What are the three factors that can affect your cash flow and business profitability?
what is casual receipt? is it exmpted in income tax?
Explain what is liabilities and what all does include in current liabilities?
plz can some one tel me "The concept of stock holder's equity and paid in capital".
if any otion in tallyerp9 version about doing Luxury tax work
How is the accounting for lease transactions done?
Who is considered the father of accounting?