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Current Assets don't include?

1. Receivables

 

2. Cash balances

 

3. Stocks

 

4. Deferred tax

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Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/08/25
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option4 is the right answer.

Hashim Rizvi
by Hashim Rizvi , Financial Controller , Houri Hearing Establishment

It will be option4

Deferred Tax

 

Mark Angelo Damuag
by Mark Angelo Damuag , Financial Analyst , Evacare Management Consultancy Inc

4. Deferred tax...............

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

answer  : (4)

Deferred tax

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Imdad Hussain Rajput
by Imdad Hussain Rajput , Assistant Sales Manager , Forego

Deffered Tax.................................................

Badar Khan
by Badar Khan , Accounts cum administrative assistant , Al Qassimia Drivng Training Centre.Sharjah

 

deferred tax is not included

Shoaib Akhtar
by Shoaib Akhtar , Accounts & Finance Assistance , PRASHANT PROJECTS LTD

Deferred TAX is non current assets

 

4: It includes deferred tax because it can be a liability.

Harly Rabe
by Harly Rabe , Accounting Assistant - Fixed Asset , Liberty Commercial Center Inc

My answer is4. Deferred tax

4. Deferred Tax

 

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Dhannya Thulasi Das
by Dhannya Thulasi Das , Junior Accountant , FLamingo Furniture Group

Current assets include Receivables, cash, stock not deferred tax

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