Which of the following is classified as a current asset?

A) Office equipment.
B) Patent.
C) Unearned revenue.
D) Office supplies.
E) Land.

Current Asset

A category of assets that are likely to be converted into cash, sold, or consumed within one business cycle or one year.

Office Equipment

Tangible property (like desks, chairs, and computers) used in an office setting to perform work or operations.

Unearned Revenue

Funds paid to a person or corporation for goods or services that are to be provided or delivered in the future.