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Current and non current assets

IIma5y ago
Sir, why is the cash regarded as current assets?
John MoffatJohn MoffatTutor5y ago#1
Because the cash balance will keep changing. Non-current assets are assets that the business intends to keep. I suggest that you watch my free lectures on this. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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