4. Which of the following best describes the tem corrent assets alhe amount of total profits saned by usiness acc e cooperations qus alotel esources of the amount of claim that the owney have ne usiness in the correndo The comulatiue profits caned by a business less any anidends distributed in the Current period a Assets expected to be converted into cash wonin one year or one operating cycle.. which over is longet 5) The premism on Bonds sayable account is shown. a suotraction from a long de laities ala separation voluation accound that nex ease. the cond lia bruty to market value at the issue date da reduction of an expense 6 which of the following accounts is described o a insurance expense prepaid insurance