Question: What is the difference between direct and indirect expense? With suitable example. Define current assets and current liabilities? Write down each current assets and liabilities

What is the difference between direct and indirect expense? With suitable

What is the difference between direct and indirect expense? With suitable example. Define current assets and current liabilities? Write down each current assets and liabilities minimum 5 names. What is amortization? Difference between depreciation and amortization. Describe absolute liquid ratio with equation? Difference between prepaid and outstanding expenses

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