If you drink a large (250ml) glass of wine, your body takes about three hours to break down the alcohol. If you drink one pint of beer, your body takes about two hours to break it down. One pint of strong lager is equivalent to three units, so this will take longer.
General Asset Differences. As a current asset, inventory is different from long-term assets in that it is typically acquired and sold within twelve months. Accounts receivable, cash and other marketable securities are other examples of current assets.
Assets. With regards to assets, revenue expenditures are those that simply maintain an asset for regular use in company operations. For example, maintenance and repairs are expenses that show immediately on the income statement. Even if you hire someone to do an extensive repair, the cost is considered an expense.ecause of the purpose, size and cost of capital expenditures, you do not record them on the income statement as an expense. Instead, you record them on the balance sheet as an asset with any offsetting liability -- for example, the loan used to acquire the asset.