Office Supplies
Office Supplies: Current Asset Or Expense
- Tina Jones
- July 6, 2022
- Current Asset
- Expense
- Office Supplies
Typically, current assets are considered assets that provide economic benefits to the owner for at least one year. With few exceptions, any asset that does not provide value within a year shall not be classified as a current asset. In general, supplies are considered current assets until they are used. Once supplies are used, they […]
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