Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 8 - No. 5) | ExamPlay

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 8 - No. 5)

What type of asset are inventories?

Non-current asset

Current asset

Intangible asset

Fixed asset

Explanation

Inventories are considered current assets.

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