Assets which are readily convertible into cash are termed...
Assets which are readily convertible into cash are termed as
Liquid assets
Fixed assets
Intangible assets
Tangible assets
Correct answer is A
Liquid assets are assets that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities.
The accountant general disburses government fund by the use of ...
........................1/7/2005............30/6/2006 Drawings......................................
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The gross loss on manufacturing is always transferred to the? ...
Which of the following is found in the private ledger? ...
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