Current Assets
Current assets are any assets that can be easily converted into cash within one calendar year. Examples of current assets would be checking or money market accounts, accounts receivable, and notes receivable that are due within one year's time.
-Cash.
Money available immediately, such as in checking accounts, is the most liquid of all short-term assets.
-Account Receivables
This is money owed to the business for purchases made by customers, suppliers, and other vendors.
-Notes receivables
That are due within one year are current assets. Notes that cannot be collected on within one year should be considered long-term assets.

Non Current Assets

Non current assets are company's long-term investment, in the case that the full value will not be realized within the accounting year. Non current assets are capitalized rather than expensed, meaning that the company allocates the cost of the asset over the number of years for which the asset will be in use, instead of allocating the entire cost to the accounting year in which the asset was purchased.

Examples of non current assets include investments in another company, intangible assets such as goodwill, brand recognition and intellectual property, and property, plant and equipment. Non current assets appear on the company's balance sheet.

	Criado por cesleviciutek mais de 8 anos atrás

GCSE Business studies Slides sobre Finance - Balance sheets, criado por cesleviciutek em 22-03-2016.