Cash,inventory on hand,and accounts receivable are examples of _____.
A)liabilities
B)net worth
C)current assets
D)current liabilities

Question

Quizplus · Accepted Answer

Cash, inventory on hand, and accounts receivable are all items that can be easily converted to cash within a year or less, making them current assets. Liabilities are debts or obligations owed by a company, while net worth is the difference between a company's assets and liabilities. Current liabilities are debts or obligations that are due within a year or less.

Cash,inventory on Hand,and Accounts Receivable Are Examples of _____