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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
12/7/2016 12:37:31 AM
PPRDQSSWS400 9138 Pro 2017 219ecb