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Which of the following is not a current asset? 1.Inventory 2.Prepaid Insurance 3. Fixtures

Payroll Accounting Accounts Payable Accounts Receivable Finance
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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/11/16
Upvote (1) Views (33) Followers (15) Answers (13) Report Question
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Amit Oza
by Amit Oza , Finance Manager , Afkar Al Zaman General Trading LLC

Inventory and Prepaid insurance are current assets whereas Fixtures are Fixed asset.

Arslan Ahmad
by Arslan Ahmad , Accountant , Capital Hospitality By Adnec

Fixture is a fixed asset, not a current asset. 

Ella Griselda Binggayen
by Ella Griselda Binggayen , Internal Auditor , JUBAILI BROS

Fixtures. It is a Fixed Asset which is one of the the many types of Non-Current Asset.

Mutwakil Gabril
by Mutwakil Gabril , Student , Abu Dhabi University

Number three is not a current asset.

Zoeb Sayyed
by Zoeb Sayyed , Accountant , ABSOLUTE HVAC SERVICES

FIXTURES IS NOT CURRENT ASSEST

farrukh hafeez
by farrukh hafeez , Accounts Executive , digicom trading pvt limited (Qmobile)

fixtures is not current assets

Dalia Pata

Fixtures since it has life for depreciation

Ramshad PKP
by Ramshad PKP , Accountant , THE ELITE CARS LLC

The correct answer is fixture

RAFAEL BARGAMENTO
by RAFAEL BARGAMENTO , PROJECT DEVELOPMENT OFFICER I , Department of Social Welfare and Development Field Office VII

Fixtures is the correct answer................

Nazmul Islam CMA
by Nazmul Islam CMA , Manager , Robi Axiatal Ltd.

The correct answer is fixture...............................................

Hassan Abbas
by Hassan Abbas , Senior Accountant , AL Badia Transportation LLC.

FIxtures ofcourse , since its FIxed in nature and has a useful over one year.

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