The term current asset doesn’t include :

Car

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Debtors

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Stock

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Prepaid Expenses

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Solution

The correct option is A
Car

The current assets does not include car.

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Similar questions

Q. The term current assets does not include _____________.

Q. Which of the following are current assets of a business?
(i) Income received in advance
(ii) Stock
(iii) Debtors
(iv) Pre-paid expenses
(v) Accrued income
The correct answer is?

Q. Which of the following are current assets of a business?
(i) Income received in advance
(ii) Stock
(iii) Debtors
(iv) Pre-paid expenses
(v) Accrued income
Select the correct answer from the options given below -

___ refers to the investment in all the current assets such as cash, bills receivable, prepaid expenses, inventories, etc. These current assets get converted into cash within a year.

Q. Following is the list of current assets:
(I) Stock-in-trade

(II) Cash in hand
(III) Bills Receivable

(IV) Debtors
(V) Investments

(VI) Accrued Interest
(VII) Advertisement prepaid

(VIII) Cash at bank
What is correct sequence in order of liquidity?

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The term current asset doesn’t include :

The correct option is A Car The current assets does not include car.

The correct option is A
Car

The current assets does not include car.