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When would I add an Other Current Asset account?

In addition to adding Other Current Asset accounts to track prepaid expenses, employee cash advances, inventory, and loans from your business, you might add them to track:

  • Supplies
  • Deferred income taxes
  • Estimated future income tax benefits
  • Prepaid income taxes
  • Security deposits
  • Investment property held-for-sale

See also

KB ID# H_COA_INFO_ADD_NEW_ACCOUNT_OTHER_CURRENT_ASSET
9/25/2016 8:39:39 PM
QYPPRDQBKSWS08 9138 Pro 2017 f055ff