temporary investments definition
A current asset account which contains the amount of investments that can and will be sold in the near future.
A current asset account which contains the amount of investments that can and will be sold in the near future.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.