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Boise Idaho Business Guide: Short-Term Assets

Idaho business assets are normally subdivided on the balance sheet into two categories. The first is the Short-term assets or current assets. These items will be used or converted into cash within a period of one year or less.

the following are typically considered to be short term assets:

  • Cash
  • Marketable securities
  • Trade accounts receivable
  • Employee accounts receivable
  • Prepaid expenses (such as prepaid rent or prepaid insurance)
  • Inventory of all types (raw materials, work-in-process, and finished goods)
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