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7nadin3 [17]
3 years ago
8

Which of the following items is NOT included in current assets? a. Cash. b. Accounts receivable. c. Bonds. d. Short-term, highly

liquid, marketable securities. e. Inventory.
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

c. Bonds.

Explanation:

Bonds are not included in current assets because usually they are long term investments whereas current assets are assets which are liquid and will be used or sold in a years time. Cash is a current asset because it is expected to be used or consumed in a years time, accounts receivable is a current asset because it is expected that our clients will pay us in a years time, highly liquid marketable securities are cash equivalents and inventory is also used in a year so it is also a current asset. Bonds on the other hand are long term and last more than a year that's why Bonds are not current assets.

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