Step 1: Classify Assets Assets are classified into two major types, one is current and the other is non-current or long-term. 1. Current Assets: These are assets either expected to be converted into cash or used within one year. These include: i.) Cash and cash equivalents Cash, bank balances, etc. ii.) Accounts receivable Amounts owed to the company by customers. iii.) Inventory Ra... https://finxl.in/investment-banking-online-classes-courses-training.html