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A) Current assets, Long term assets and capital assets B) Current assets, Long term assets and fixed assets C) Current assets, Quick assets and business debtsD) Current assets, Fixed assets and deferred cost
Assets are divided into current assets & fixed or long term assets
Answer is B. Current assets, Long term assets and/or fixed assets
Answer B
Fixed Assets e.g. building you own
Long Term Assets e.g. a long term loan you have provided
Current Assets e.g. cash in the bank, inventory
Option B is the right answer.
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