The Golden Lounge

[Rawnoc]

First I can read a balance sheet in my sleep.

Second, current assets don't have to be "liquid" -- that's not the definition of current assets. The #2 entry on virtually all balance sheets is accounts receivable which are anything but liquid.

Third, media credits should be placed under current assets if they are goint to be used up within a year. Because they are current assets in that case.

There's nothing misleading and ethical. Not to mention how irrelevant classifying an asset as "current" vs. "other" is anyway as the TOTAL assets and shareholders equity remains identical in either case.

But in any event, media credits are just like prepaid insurance which is also listed as a current asseet. It's a prepaid upcoming expense.