Other current assets are the Uncommon / Atypical assets held by a company which can be quickly converted to cash within a year. They are referred to as “other” because they are uncommon, unlike typical current asset items such as cash, securities, accounts receivable, inventory, and so on. Examples of other current assets include advances paid to employees or suppliers, property that is being readied for sale and so on.
Other Current Assets Print
Modified on: Tue, 17 May, 2022 at 11:07 AM
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