Solve the question 'What are current assets?

Many people may think that running a business is all you need to have a lot of cash. Not missing a hand is considered stable. But to build a business to grow More stability Sometimes there must be something more than that. like what is called 'Current Assets' Having current assets in a business helps to indicate the liquidity of the business. But if anyone is still wondering what current assets are. Why must a business have to have it? Today, Fillgoods has the answer for you.

What are current assets? There are two types of assets: current assets and non-current Phone Number List assets. Current assets are assets that can be converted into cash and circulated in the business to increase liquidity. Which current assets are not just cash! Non-current assets are assets that cannot be converted into cash in the short term, such as long-term investments. Durable assets, etc. What are current assets? 1. Cash is a current asset that indicates the liquidity of a business. The more you have, the better. 2. Deposits Another important current asset of a business is deposits in banks that can be deposited and withdrawn as needed, including dated checks.



Temporary investment Investments held for no more than 1 year, such as available-for-sale securities and debt instruments. 4. Trade accounts receivable Debtors arising from the process of trading, doing business, with debts from overdue debtors that can be turned into liquidity for the business. 5. A bill of receipt is a bill promising money. The person who issues the ticket must give the money as specified in the contract to the recipient. Such tickets are one of the current assets of the business.