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Define Current Assets? Give Four Examples of Such Assets. - Business Studies

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ConceptConcept of Financial Management

Question

Define current assets? Give four examples of such assets.

Solution

Current assets are those assets which can be converted into cash within a period of one year.

Examples of such assets are :-

  • Stock
  • Debtors
  • Bills receivable and
  • Marketable securities
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Solution Define Current Assets? Give Four Examples of Such Assets. Concept: Concept of Financial Management.
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