An asset account that would not be included in current assets is

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Quizplus · Accepted Answer

Store Equipment is not considered a current asset because it is not expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer. Current assets typically include cash, accounts receivable, inventory, and other assets that are expected to be liquidated or turned into cash in the short term. Store Equipment, on the other hand, is a fixed asset, used over a longer period and not easily liquidated.

An Asset Account That Would Not Be Included in Current