89.2k views
12 votes
Which of the following is a current asset?

A. Machinery
B. Furniture
C. Debtors
D. Bank overdraft​

User Bluepnume
by
7.5k points

1 Answer

4 votes

Answer:

C. debtors

Step-by-step explanation:

  • It is a current asset as it is envisioned to bring in profit within a fixed period of time
  • If you have debtors owing you money, then it is rightly considered a current asset
User Mark Jansen
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories