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30 October, 12:15

What does non current assets mean

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  1. 30 October, 12:21
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    assets whose value is not realized in the current year

    Explanation:

    A noncurrent asset is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.
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