The correct option is (3) Furniture.
Current Assets:
- A current asset is an asset that a company holds and can be easily sold or consumed and further lead to the conversion of liquid cash.
- For a company, a current asset is an important factor as it gives them a space to use the money on a day-to-day basis and clear the current business expenses.
- In other words, the meaning of current assets can be explained as an asset that is expected to last only for a year or less is considered as current assets.
