If you drink a large (250ml) glass of wine, your body takes about three hours to break down the alcohol. If you drink one pint of beer, your body takes about two hours to break it down. One pint of strong lager is equivalent to three units, so this will take longer.
General Asset Differences. As a current asset, inventory is different from long-term assets in that it is typically acquired and sold within twelve months. Accounts receivable, cash and other marketable securities are other examples of current assets.
An inventory reserve is a type of accounting entry that helps to identify the amount of deduction that is claimed on inventoried assets which have undergone some amount of depreciation or deterioration, or are considered obsolete in terms of the operation of the business.