Current assets are those assets which get converted into cash within
Current assets are those assets which get converted into cash within
Solution
✅ Correct Option: 3
Current assets are those assets which are held for a short period and are expected to be converted into cash within one year in the normal course of business. Examples include debtors, bills receivable, inventory, and cash itself. Assets held for more than a year are fixed or non-current assets.
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