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.
It would be very difficult to find an American household that did not have at least one screwdriver. Perhaps the most ubiquitous of hand tools, the screwdriver has a long genealogy, the result of a complicated manufacturing process.