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:
- 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)