Entries by mcmullin

Bookkeeping for Inventory Transactions

Now, let’s say you bought $500 in raw materials on credit to create your product. Debit your Raw Materials Inventory account to show an increase in inventory. Debits increase your expense accounts because they represent money going out. For instance, when you pay your employees, you debit the expense account to show the outflow of cash for […]

Bookkeeping for Construction Companies: The Ultimate Guide

Thanks to a tightly-knit project timeline, milestone payments help companies stay financially afloat. Any accountant’s job would be far more productive and easy if they used time and billing software suited for the construction industry. At any rate, compliance reporting — including compliant timesheets — can help contractors spot trends in injuries or worse. During […]

Uncovering the Relationship Between Alcohol and Bruising

If you, your mom, and your sister all turn black and blue from the tiniest bump, it may be a family thing. Some people just have more fragile blood vessels, and that makes them more likely to bruise, especially on their upper arms, thighs, or butt. Right after a tattoo, it’s normal for your skin […]

Can You Freeze Urine for a Drug Test? Expert Answers & Guidelines

We emphasized following the specific guidelines provided by the testing facility regarding the storage duration, typically within 24 to 48 hours of collection. We discussed the importance of storing pee for a drug test and the reasons behind it. Properly storing the urine sample helps prevent tampering, provides a backup in case of discrepancies, and […]