Step 3. Include a credit for the total of the employee health insurance deduction. Post the credit in a liability account labeled as a health insurance payable account, but label this account as employee contributions. Create a separate liability account for your share of the premiums. Step 4. Post a debit to the liability account for the payable account balance when you issue your premium payment.
A screwdriver with two parts of Sloe Gin, one part of Southern Comfort and filled with orange juice is a Slow Comfortable Screw. A screwdriver with one part of Sloe Gin, one part of Southern Comfort and one part Galliano and filled with orange juice is a Slow Comfortable Screw Up Against The Wall.
The torque screwdriver can be used to tighten and loosen screw connections, but its primary function is to tighten torque connections to a specific value. A torque screwdriver will have adjustable torque settings in increments of 1, 5 or 10 inch-pounds with a range between 5 and 150 inch-pounds.