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.
Physiological (normal) jaundice: Most newborns have this mild jaundice because their liver is still maturing. It often appears when a baby 2 to 4 days old and disappears by 1 to 2 weeks of age. Jaundice of prematurity: This is common in premature babies since their bodies are even less ready to excrete bilirubin effectively.