Difference between revisions of "Quick asset"

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[[Quick asset]] is those assets — mainly cash, accounts receivable, and notes receivable—that can be easily turned into cash.
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[[Quick asset]] is any asset such as cash, accounts receivable, and notes receivable that can be easily turned into cash.
  
  
 
==Definitions==
 
==Definitions==
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
:[[Quick asset]]. Those assets — mainly cash, accounts receivable, and notes receivable—that can be easily turned into cash.
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:[[Quick assets]]. Those assets — mainly cash, accounts receivable, and notes receivable—that can be easily turned into cash.
  
 
==Related concepts==
 
==Related concepts==
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
  
==Related coursework==
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==Related lectures==
 
*[[Principles of Accounting]].  
 
*[[Principles of Accounting]].  
  
[[Category: Accounting]][[Category: Articles]]
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[[Category: International Accounting]][[Category: Articles]]

Latest revision as of 14:36, 5 January 2019

Quick asset is any asset such as cash, accounts receivable, and notes receivable that can be easily turned into cash.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Quick assets. Those assets — mainly cash, accounts receivable, and notes receivable—that can be easily turned into cash.

Related concepts

Related lectures