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RECORDING AND ACCOUNTS: HO SY AN: Kindle Store. III INTERPRETATION OF THE CONTENTS, STRUCTURE AND METHOD FOR RECORDING AND ACCOUNTS ACCOUNT TYPE ICurrent Assets This account type is used to reflect current value, the changes of increase and decrease short-term assets of enterprises. Assets of the business as property ownership and management of the business, time use, transfer and withdraw funds in a business cycle or in a year.Assets of businesses can exist in form of cash or in kind (materials and goods), in the form of short-term investments off and the debts. Assets of businesses including: Capital in cash and investments Short-term receivables; Inventories and other current assets. Is on this account also includes administrative expenses for the account. Accounting for current assets should be noted:
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