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Current assets??

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 October 2011 Indentify which of the following are current assests
a) unabsorbed exp
b) shares in reliance
c) deferred tax assest ( Comp would make huge losses in the cmg year
d) debt divided by equity
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Preety Parik

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Preety Parik (Expert)
01 October 2011 None of the item mentioned in the querry are current assets
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CA. Nitin Agrawal

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CA. Nitin Agrawal (Expert)
03 October 2011 According to me "Shares in Reliance" will form part of Current assets as it can be readily sold in the market. But it all depends upon the intention of the concern whether hold for long term or short term purpose.
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
03 October 2011 i completely agree with the remarks of ca nitin agrawal
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