Question : Which of the following is not covered under the current assets?
Option 1: Bank
Option 2: Debtor
Option 3: Bills receivable
Option 4: Goodwill
Answer (1)
11th Jan, 2024
Correct Answer: Goodwill
Solution :
Goodwill is an intangible asset that is not the part of current asset.
Current assets include cash, bank, cash equivalents, accounts receivable, stock inventory, marketable securities, and pre-paid liabilities.
Hence 4 is the correct answer.
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