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.
Hi. There are several entities that might influence the inventory as being Asset or Expense. Those are-Items, Sub-inventories, Work Orders (in WIP). An item could be setup as Expense Item or Asset item. This is one of the many attributes you might setup for any item you create.