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 Motorsâ expansive lineup was once a weapon, but it plans to cut four brands, including Hummer. DETROIT â The brand that was once hailed as an important part of the future of General Motors now will be part of its past. G.M. said Tuesday that it would phase out its Saturn brand by 2012.