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  • 002 Cash

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    caparvez25
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    Current assets are assets that are expected to be used or converted to cash within one year, such as cash and cash equivalents like cash in bank accounts, marketable securities, accounts receivable from customers, inventory that will be sold, and prepaid expenses that cover a period less than one year.

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    Current assets are assets that are expected to be used or converted to cash within one year, such as cash and cash equivalents like cash in bank accounts, marketable securities, accounts receivable from customers, inventory that will be sold, and prepaid expenses that cover a period less than one year.

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    © All Rights Reserved
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    10 views4 pages

    002 Cash

    Uploaded by

    caparvez25
    Current assets are assets that are expected to be used or converted to cash within one year, such as cash and cash equivalents like cash in bank accounts, marketable securities, accounts receivable from customers, inventory that will be sold, and prepaid expenses that cover a period less than one year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Accounting for Financial Modeling

    Current Assets
    Current Assets

    Current Assets expected life


    is shorter than
    1 year
    Cash & Cash Equivalents

    Accounts Receivable

    Inventory

    Prepaid Expenses
    Cash & Cash Equivalents

    cash and cash equivalents - amount of all cash or other assets that are readily convertible into cash

    examples cash or highly


    liquid
    investments
    cash in checking and saving accounts
    bank drafts, money orders, petty cash
    commercial paper, treasure bills
    marketable securities

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