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

Short Note

Define current assets? Give four examples of such assets.

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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
  Is there an error in this question or solution?
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APPEARS IN

NCERT Class 12 Business Studies Part 2 - Business Finance and Marketing
Chapter 1 Financial Management
Short Answer | Q 2 | Page 254
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