Current, Current Asset, Current Cost, Current Dollars

Current, Current Asset, Current Cost, Current Dollars :

Current : Something, which is going on at present : an account which has been updated in the sense that all the transactions which have been done have been up to the current date and the account is not overdue

Current Asset : assets that can be converted in the current or on going accounting period, for example, cash, accounts receivable, inventory that can be converted in to current accounting sytem

Current Cost : current or the ongoing value of an asset, for example the value of an inventory : the replacement cost.

Current Dollars : the alterations in the value of the dollar


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