The Current asset reference article from the English Wikipedia on 24-Apr-2004 (provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Current asset

In accounting, a current asset is an asset on the balance sheet usually lasting less than one year such as accounts receivable, prepaids, cash, etc.

This is the "Current asset" reference article from the English Wikipedia. All text is available under the terms of the GNU Free Documentation License. See also our Disclaimer.