Which of the following is the component of current assets?
The component of current assets are
Current Assets: These assets are converted into cash within a short period, generally one year.
Stock in trade, debtors, bills receivable, and bank balance are some examples of current assets, Current assets are of two types liquid and floating.
Liquid assets include cash in hand, cash at the bank, bills receivable, and short-term investments. Floating assets comprise stock in trade, sundry debtors, etc.