1. Current Assets: These are assets either expected to be converted into cash or used within one year. These include: i.) Cash and cash equivalents Cash, bank balances, etc. ii.) Accounts receivable Amounts owed to the company by customers. iii.) Inventory Raw materials, work-in-progress, and finished goods. iv.) Prepaid expenses Payments made in advance for goods or services. https://topcollegesadmission.in/college-list/mbapgdm/bhopal