Firstly Current Assets in a balance sheet are technically "Assets that will provide a future economic benefit" to the company within a period of one financial period (a financial year in Australia -...
Commander assigned AT responsibility
If less than a year to maturity then current assest, more than a year long term asset.
A.C. alternating current. D. C. direct current.
current is all visible and non current assets are not visible like preleminary exp, good will etc