These tags are important because when you look at your assets you can easily see the liquidity (how easy it is to generate value from an asset) of what you own. Stock or Inventory. A list of the common types of current asset. Cash Equivalents. 2.

Cash. The following are the common types of current asset. A current asset is an asset that is easily converted to cash or expected to be converted to cash within a fiscal year or operating cycle. Cash is the most liquid asset of an entity and thus is important for the short-term solvency of the company. Assets that are reported as current assets on a company's balance sheet include: Cash, which includes checking account balances, currency, and undeposited checks from customers (if … Current assets for the balance sheet Cash: Cash includes accounts such as the company’s operating checking account, which the business uses to receive... Accounts receivable: This account shows all money customers owe to a business for a completed sales transaction. Current Assets List 1. By using an asset list template, you could categorize this list of items as either current or non-current. Cash equivalents are the result of cash invested by the companies in very short-term,... 3. The total current assets formula is calculated by adding up the following types of assets: Cash Cash Equivalents Accounts Receivable Inventory Prepaid Expenses Investments Current Portion of Notes Receivable Current Portion Due from Officer Notes


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