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 History. General Motors or GM for short was founded in 1908 in Flint, Michigan by William C. Durant as a holding company the Buick and Oldsmobile brands. In 1909, Cadillac and Oakland, which eventually becomes Pontiac, join GM. In 1910, Durant lost control of GM after acquiring too much debt.