Which of the following is a non-current asset?
A)Accounts receivable
B)Inventory
C)Prepaid rent
D)Intangible assets

Question

Quizplus · Accepted Answer

Intangible assets are non-current assets that do not have a physical substance, such as patents, trademarks, and goodwill. Accounts receivable, inventory, and prepaid rent are current assets because they are expected to be converted into cash or used within the next year.

Which of the Following Is a Non-Current Asset