TOTAL CURRENT ASSETS Definition

Bookmark and Share

TOTAL CURRENT ASSETS is total of cash & equivalents, trade receivables, inventory and all other current assets.

Learn new Accounting Terms

SUBSTANTIVE is reality, real rather than apparent, as seen by an unbiased observer and not just the official view of management.

BALANCE SHEET is an itemized statement that lists the total assets and the total liabilities of a given business to portray its net worth at a given moment of time. The amounts shown on a balance sheet are generally the historic cost of items and not their current values.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.