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Which of the following is not a current asset?
Which of the following is not a current asset?
مندرجہ ذیل میں سے کون موجودہ اثاثہ نہیں ہے؟
Temporary investment
Salary paid in advance
Preliminary expenses
None of these
Explanation
Preliminary expenses
are
not
current assets; they are
deferred expenses
recorded as intangible assets.
Current assets
include
cash, inventory, receivables, and prepaid expenses
that are expected to be used within a year
.