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.
  
  

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

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