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Yes, a trade debtor is considered a current asset. It represents amounts owed to a business by its customers for goods or services provided on credit, and it is expected to be converted into cash within one year. As such, it plays a crucial role in assessing a company's short-term financial health and liquidity.
What else can I help you with?
Is sundry debtor current assets?
If it is to be received in an year,then it's current asset.
Is debtor an asset or liability?
It is an asset
Is debtor asset or liability?
asset
What is a 'No Asset Debtor'?
A no Asset Debtor is a person who has applied for an alternative to bankruptcy through the No Asset Procedure. If you haven't applied for entry into a No Asset Procedure by filing a notice with the Official Assignee, select no.
Is gold is fixed asset or current asset?
Current asset
What type of asset is debtor?
current asset.
Is sundry debtor current assets?
If it is to be received in an year,then it's current asset.
Is debtor an asset or liability?
It is an asset
Is debtor asset or liability?
asset
What is a 'No Asset Debtor'?
A no Asset Debtor is a person who has applied for an alternative to bankruptcy through the No Asset Procedure. If you haven't applied for entry into a No Asset Procedure by filing a notice with the Official Assignee, select no.
Is gold is fixed asset or current asset?
Current asset
Is cafe a current asset or fixed asset?
Current asset.
Is prepaid insurance a current asset or fixed asset?
Current Asset
Is money lent by a bank a current asset or non current asset?
non current asset
Is a security deposit a current asset or current liability?
Current Asset
Are owners equity and debtor fall under asset?
Owner equity is liability for business falls under liability or equity side while debters are current assets of business and fall under current assets.
Is premises a current asset or non current asset?
non-current assets.
