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Answer in one sentence only. Give any three examples of current assets?

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Question

Answer in one sentence only.

Give any three examples of current assets?

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Solution

Cash or cash equivalent short-term lending and advances, expenses paid in advance, taxes paid in advance, etc. are the examples of current assets.

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Chapter 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [Page 376]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q C. 6. | Page 376

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