For Example: software purchased for $1000 and lisence renew fee for every year is $100 then $1000 is fixed asset and $100 is current asset or revenue asset.
Together with its partners GM produces cars and trucks in thirty four countries, and sell these vehicles by the following brands: Chevrolet, Cadillac, GMC, Buick, Holden, GM Daewoo, Opel, Vauxhall and Wuling.
General Motors Corporation (GM) 1  Alfred P. Sloan, Jr.  General Motors Corporation (GM), American corporation that was the worldâs largest motor-vehicle manufacturer for much of the 20th and early 21st centuries. It operates manufacturing and assembly plants and distribution centres throughout the United States, Canada, and many other countries.