Current assets, also called current assets, are considered to be any liquid asset owned by the business before the end of each year, or any of the assets that are capable of being converted into money in the following 12 months.
For all this, they are considered to be short-term current assets, and their set would be approximately like all the money that a company has to use at any time it wants. At General accounting plan current assets are separated, and non-current assets that focus on assets that do not offer liquidity, or they give it long term.
Examples of current assets
We can find some examples of current assets:
- Stock or stock
- Treasury and cash
- Debts receivable in less than 12 months
- Financial investments (amortized in less than 12 months)