Assertion: cash | /r/IsA | current asset
Facets:
value: on the balance sheet
type: LOCATION
Source sentences:
text: Cash is classified as a current asset on the balance sheet and is therefore increased on the debit side and decreased on the credit side.
text: However, if it is anticipated that the cash will remain unavailable for use for more than a year, then it should be classified as a non-current asset.
text: If the cash in question is expected to be used within one year of the balance sheet date, the cash should be classified as a current asset.