Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 41 - No. 47)

Which of the following are examples of non-current assets?

Buildings

Equipment

Accounts Receivable

Inventory

Explanation

Non-current assets are assets that are not expected to be converted to cash within one year, such as buildings and equipment. Accounts receivable and inventory are current assets.

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 41 - No. 47)

Explanation

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