Define current assets and Give four examples.
4 years ago
Financial Management
Current assets also called as floating assets or fluctuating assets are short term assets whose value fluctuates in the short period. These assets are required to pay off the current liabilities. For e.g. cash in hand/Bank, Inventory, Debtors. Bills receivable, Marketable securities etc.
Sanisha Maharjan
Jan 16, 2022