Current assets
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.Non-Current assets are assets that can't really be changed into cash quickly, these can include land, buildings, Notes Receivable, etc.
non-current assets.
non current assets are like land, building machinery premises etc
Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.
Current assets
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.Non-Current assets are assets that can't really be changed into cash quickly, these can include land, buildings, Notes Receivable, etc.
If investments are for short term then these are current assets but if these are for long term then non-current assets.
non-current assets.
non current assets are like land, building machinery premises etc
Non current assets decrease with depreciation which is due to wear and tear due to usage of that assets in revenue generation.
Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.
If investments made for short term securities then it is current assets other wise non-current assets.
current & non-current
if loans given for short term period then current assets but if given for long term then non-current assets.
Cash and balances are both current assets and shown in current section of balance sheet.
depreciation non current asseate