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.
Severe newborn jaundice may occur if the baby has a condition that increases the number of red blood cells that need to be replaced in the body, such as: 1  Abnormal blood cell shapes (such as sickle cell anemia)  Blood type mismatch between the mother and baby (Rh incompatibility)