The balance sheet is essentially a picture a companyâs recourses, debts, and ownership on a given day. This is why the balance sheet is sometimes considered less reliable or less telling of a companyâs current financial performance than a profit and loss statement. Annual income statements look at performance over the course of 12 months, where as, the statement of financial position only focuses on the financial position of one day.
Bronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.ronchitis: Introduction. Bronchitis is a general term for two diseases that cause swelling and irritation (inflammation) of the lower airways of the lungs called the bronchi and the bronchioles. Types of bronchitis include chronic bronchitis and acute bronchitis.
Bronchitis (Definition) 1  Bronchitis is an inflammation of the mucous membranes of the bronchi (airways that carry air from the trachea to the more distal parts of the lungs, or bronchioles). Bronchitis may be caused by either viral or bacterial infections, and is treated with antibiotics , steroids, inhaled bronchodilators, or mucolytics.