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.
What are the symptoms of newborn jaundice? Excess bilirubin in a newborn causes the yellowish or jaundiced colour of the skin and the eyes. Jaundice first appears in the infant's face, especially noticeable in the eyes, and as bilirubin levels increase, the yellow colour becomes evident on the rest of the body.
Someone with jaundice is likely to have a yellow look to their skin and the whites of the eyes. Many newborn babies develop jaundice, but the condition can affect people of all ages. This article looks at older children and adults. Jaundice is caused by a build-up of bilirubin in the blood and body tissue. That build-up is often due to conditions affecting the liver, such as cirrhosis, hepatitis or gallstones.