TeachMeFinance.com - explain Current assets
Current assets -- The current assets of a stock company include
all shifting and changeable assets except material and
In the case of a railroad current assets include (1) cash on
hand and deposit ; (2) loans and bills receivable ; (3) accounts
receivable; (4) due from other companies and individuals; (5)
clue from the company's agents and officers; (6) advances to
other companies ; (7) sundry assets.
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