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JAMB - Commerce (2023 - No. 68)

One of these is a current asset
machineries
fittings
stock
motor vehicles

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Current Assets is an account listed on a balance sheet that shows the value of the assets owned by a company that can be converted to cash through liquidation, use, or sales within one year.
Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.

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