Skip to content
Swamonk EduCare
  • Toggle website search
Menu Close

Blog

  1. Home>
  2. Doubts>
  3. Accountancy

What are liquid assets?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

‘Liquid Assets’ means those assets which will yield cash very shortly. Current assets except inventory and prepaid expenses are included in liquid assets.


Please Share This Share this content

  • Opens in a new window X
  • Opens in a new window Facebook
  • Opens in a new window Pinterest
  • Opens in a new window LinkedIn
  • Opens in a new window Viber
  • Opens in a new window VK
  • Opens in a new window Reddit
  • Opens in a new window Tumblr
  • Opens in a new window Viadeo
  • Opens in a new window WhatsApp

Read more articles

Previous PostWhat is Liquid Ratio?
Next PostWhat is the ideal Quick Ratio?

You Might Also Like

Murli, Naveen and Omprakash are partners sharing profits in the ratio of 3/8, 1/2 and 1/8. Murli retires and surrenders 2/3rd of his share in favour of Naveen and remaining share in favour of Omprakash. Calculate new profit-sharing ratio and gaining ratio of the remaining partners.

August 3, 2022

Distinguish between ‘Over-Subscription’ and ‘Under-Subscription’.

September 28, 2022

Sangam Ltd. invited applications for 10,000 Equity Shares of Rs. 100 each issued at par. The amount was payable on application. The issue was oversubscribed by 2,000 shares and allotment was made on pro-rata basis. Pass necessary Journal entries.

July 13, 2022

Leave a Reply Cancel reply

You must be logged in to post a comment.

  • Address:94, Block A, New Industrial Town - 2, Faridabad, Haryana 121001
  • Contact:+91-8826447899Opens in your application
  • Email:care@swamonk.comOpens in your application
Terms of Use | Privacy Policy | Cookies Policy
© 2019-2025 Swamonk - All Rights Reserved
Close Menu
Close Menu
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site it will imply that you agree with Swamonk EduCare's Terms of Use .Ok
Resolve your doubtResolve your doubt

Having a doubt in Accountancy? Share the image or type... 

18:36