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Define with examples where applicable each of the following accounting concepts/terms: 2.1.1 Accounting (2) 2.1.2 Current liability (3) 2.1.3 Current asset (3) 2.1.4 Net asset

Define with examples where applicable each of the following accounting concepts/terms: 2.1.1 Accounting (2) 2.1.2 Current liability (3) 2.1.3 Current asset (3) 2.1.4 Net asset value (2) 2.1.5 Accounting policy (3)

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