Newbie query: Definition of Current Assets

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Newbie query: Definition of Current Assets

gumsum
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01-06-2006, 10:53 PM

what is the proper definition of current assets?

is this the correct definition
"current assets are those assets which are easily convertable into cash"

if yes then is cash a current asset? if yes then why?

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Newbie query: Definition of Current Assets - by gumsum - 01-06-2006, 10:53 PM

[No subject] - by Nauman - 01-06-2006, 11:23 PM

[No subject] - by Ali Akbar - 01-07-2006, 12:15 AM

[No subject] - by gumsum - 01-07-2006, 06:47 AM

[No subject] - by Ice_Blue - 01-07-2006, 04:35 PM

[No subject] - by the_farhan - 01-13-2006, 03:49 PM

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