Monthly Archives: December 2021

Dry Drunk Syndrome Brown University Center for Alcohol & Addiction Studies

When dealing with dry drunk syndrome, finding the correct emotional coping skills can make a big impact. Instead of relying on alcohol or old habits, we should learn to deal with life’s challenges. Most treatment centers agree that treating an alcohol use disorder and a co-occurring disorder must be done together. Otherwise, the one left […]

Contra Asset Account: Understanding the Opposite: Contra Asset Accounts and Accumulated Depreciation

Suppose a company purchases machinery for $50,000, which they expect to use over ten years. Each year, they may amortize $5,000, moving it to the Accumulated Depreciation account and reducing the book value of the machinery. Maintaining accurate entries in these contra accounts allows the company controller and other financial managers to ascertain the true […]