Current assets are an individuals or a companies current valuable. These valuables, also known as assets, can be cash, cash equivalent things and short-term investments.
Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets
Current liabilities are the source of creating creating current assets. Current assets bring in cash to meet the current liability. Thus they represent the short term sources and short term uses.
if investment is for short term period then it is current asset otherwise it is long term assets.
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.
If investments are for short term then these are current assets but if these are for long term then non-current assets.
if loans given for short term period then current assets but if given for long term then non-current assets.
If investments made for short term securities then it is current assets other wise non-current assets.
Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets
yes in the year in which they need to be dissolved in that year those assets can become current assets.
Current liabilities are the source of creating creating current assets. Current assets bring in cash to meet the current liability. Thus they represent the short term sources and short term uses.
if investment is for short term period then it is current asset otherwise it is long term assets.
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.
Yes normally receivable are for short term agreement that's why it is current assets.
some minimum level of current assets that ar not self-liquidating.
Basic Accounting Equation: Assets = Liabilities + Owner's Equity Assets = Current Assets + Fixed Assets Liabilities = Current Liabilities + Long-term liabilities So Assets = Liabilities + Owner's Equity then current assets + fixed assets = current liabilities + long-term liabilities + owner's equity 2230 + 9900 = 1380 + 4040 + owner's equity 2230+9900 - 1380 - 4040 = owner's equity 6710 = owner's equity