Abstract
Current Assets: The current assets are coming from three mains accounts in balance sheet of the financial year of a company. Indeed, the current assets show us a picture of the financial state of the company at the end of this year:
-At first the amount of cash or in other words the money earned by the company from their sales for example or even from their loan borrowed to the bank
-Secondly, the account receivables which is the money that the company have already earned by selling their products to their customers but they have not already paid to the company. In other words, the account receivables is the money resulting from the sales of the company during this financial year but not effectively paid by their customers and that the company will actually receive in the next few weeks or months (such as a "debt from the customer to the company"). It is all the stakeholders as clients, customers and so one owe to the company.
-Thirdly, the inventory features all materials and products manufactured by the company that the company has not sold for the moment.
To finish, we can call the current assets as short term assets because these accounts are supposed to be back into cash within less of one year.
