Give some examples of current assets.

1.	Give some examples of current assets.
Answer» 1. Cash and bank balances 2. Account receivables: (a) Bills receivable, and (b) Debtors 3. Short term investments/Temporary investment 4. Prepayment: (a) Prepaid rent, (b) Unexpired insurance, etc. 5. Accrued Income

Answer»

1. Cash and bank balances

2. Account receivables:

(a) Bills receivable, and

(b) Debtors

3. Short term investments/Temporary investment

4. Prepayment:

(a) Prepaid rent,

(b) Unexpired insurance, etc.

5. Accrued Income

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