What Are Other Current Assets?

Other current assets, other current assets are accounting terms, current assets refer to assets with strong liquidity, which can be realized in less than one year.

Other current assets

Other current assets

If an enterprise encounters some current liquidity subjects that are really difficult to classify, it can set up its own subjects, and when filling out the report, it belongs to other current assets. The "Basic Accounting Standards" stipulates that enterprises can set up and use accounting subjects based on actual conditions without affecting the accounting requirements, the summary of accounting statement indicators, and external unified accounting statements.