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Which is NOT examples of current assests
Bank
Petty cash
Trading stock
Land and buildings
1 answer
Land and buildings
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Replenished the $200.00 petty cash fund. Receipts were submitted for the following:office supplies, $35.00, store supplies,
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Total current assests(CA)$20,000
Accounts receivable(AR) $10,000 Current Liabilities(CL) $11,000 Inventory(INV) $4,000 Net sales
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Is petty cash a current or non current asset
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Explain the meaning of cash book, bank statement and petty cash book.
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