Short term DEBTS that the business owes and will have to pay within under one year from balance sheet date. They should be paid out of current assets.
5 of 7
Define Current Assets
Are short term assets actual cash or what should become cash within on year from the balance sheet date they are cash and cash equivalent which are used to cover current liabilities
6 of 7
Define Fixed Assets
Are Long term assets it is what the business owns and expects to keep and use for more than one year. They do not expect to have to turn them into cash.
A useful set of flashcards that can be used to test your knowledge or for revision purposes. Good for definitions of the main parts of the balance sheet.
Payday loans in Temecula, CA: Facts from the experts
Temecula is known for its beautiful weather and luxury resorts. However, there are also plenty of payday loan providers in the area. If you need a quick cash infusion, these loans can be a viable option. Here are some facts from the experts on payday loans in Temecula.
Comments
Report
Report
Report