previous CFRA/FMLA time would be deducted from your 12 weeks of bonding. Additionally, if your PDL exceeds the 18 weeks of maximum usage, then CFRA will be used for any additional absence due to disability, and this CFRA time similarly would be deducted from your 12 weeks of bonding.
SCHEDULE OF ASSETS & LIABILITIES. Our Schedule of Assets and Liabilities is designed to provide your Executors and your family with much of the key information they will need to deal with your Estate after your death.
What is the difference between Liabilities and Expenses? Liabilities and expenses are both key components that are included in the company financial statements, and represent the outflows of funds to be made during the current period or at a future date. The main difference between liabilities and expenses are the timing under which they are realised. Expenses are incurred, and payments are made during the current period; whereas, liabilities are benefits that are obtained now for which obligations need to be met at a future date. Expenses are recorded in the income statements, since higher the expenses lower the profitability of the firm. Liabilities are recorded in the balance sheet. Liabilities and expenses are both treated with great importance, as liabilities need to be controlled so that the company assets are able to cover liabilities, and expenses need to be monitored so that it does not reduce the company profitability.