Match the following terms with the appropriate definition.
-Cash and other resources that are expected to be sold,collected,or used within one year or the company's operating cycle,whichever is longer.
A)Stockholders' equity
B)Unclassified balance sheet
C)Long-term investments
D)Current liabilities
E)Closing entries
F)Current ratio
G)Plant assets
H)Current assets
I)Intangible assets
J)Classified balance sheet

Question

Quizplus · Accepted Answer

Current assets are cash and other resources that are expected to be sold, collected, or used within one year or the company's operating cycle, whichever is longer.

Match the Following Terms with the Appropriate Definition