What are current assets
Current asset are expected to be converted in liquid cash
with in twelve months and it also includes the cash in hand and bank. Examples
of currents assets includes the stock, receivable, cash in hand and cash in
bank.
|
CURRENT ASSETS
|
$
|
|
Stock
|
5,000
|
|
Trade Receivables
|
2,000
|
|
Interest Payable
|
1,000
|
|
Prepayment & Advances
|
500
|
|
Cash in the Bank
|
200
|
|
Cash in Hand
|
100
|
|
8,800
|
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