A nurse who completes the ONS certificate program earns the ONS Chemotherapy Provider Card and a certificate of completion, which indicate she has a high level of knowledge and skills in administering the drugs. She also receives 15 continuing education credit hours to go toward other certifications or licenses.
Fixed assets are tangible property that a business uses in the process of producing income. To qualify as a fixed asset, the item cannot be consumed or sold in less than a year. Fixed assets are listed on a companyâs balance sheet and are subject to depreciation.
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.