Sober living

GLOBAL NEWS: Busting myths on alcohol and COVID-19

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Parental model regarding the drinking behaviors can play a major role in the intergenerational transmission of excessive alcohol consumption [79]. In fact, it is possible that excessive alcohol consumption can increase the risk of developing COVID-19-induced illness, as this can affect the immune system. People who develop a severe illness from COVID-19 are at goodbye letter to addiction risk of developing acute respiratory distress syndrome (ARDS). This may be because alcohol use can weaken your immune system, making you more prone to infectious diseases. Fear and misinformation have generated a dangerous myth that consuming high-strength alcohol can kill the COVID-19 virus. Consuming any alcohol poses health risks, but consuming high-strength ethyl alcohol (ethanol), particularly if it has been adulterated with methanol, can result in severe health consequences, including death. Short- and long-term alcohol consumption during COVID- 19 In the context of the COVID-19 pandemic caused by the new coronavirus, alcohol consumption is a way to relax for many people, but it is important to know that alcohol can increase the vulnerability of the individual, both physically and mentally. The last but not the least is the reverse analysis – how alcohol use disorder may influence the way of dealing with the pandemic from the personal safety perspective. However, the 2021 study mentioned above suggests that people who drink alcohol often are more likely to develop acute respiratory distress syndrome (ARDS) during COVID-19 hospitalization. For example, some research suggests that poor sleep can make long COVID worse, and difficulty sleeping is a common side effect of drinking alcohol. In the meantime, healthcare providers should take alcohol intolerance into account when evaluating and treating post-COVID symptoms. With other disasters, we’ve seen that these spikes in drinking last 5 or 6 years and then alcohol consumption slowly returns to usual levels. Obesity, another modifiable risk factor, has also been investigated with emerging evidence of an association [6, 7]. Obesity is closely related to two behavioural risk factors—poor diet and lack of physical activity [5]. Alcohol consumption has not been granted much attention, although several studies have reported that alcohol consumption increased the risk of ARDS in patients with critical conditions and the admission to intensive care unit (ICU) in patients with pneumonia [8, 9, 10]. At the time of writing, to our knowledge, no published study exploring the risk factors of disease severity in COVID‐19 patients has included alcohol consumption as a covariate. In the United Kingdom, a cross-sectional study performed on 691 adults, showed that 17 % of them reported increased alcohol consumption during the lockdown, with a higher proportion in younger subjects (18–34 years). While research on alcohol intolerance post-COVID-19 is limited, numerous anecdotal reports suggest that alcohol intolerance could be a symptom of long COVID for some individuals. According to several anecdotal reports, alcohol intolerance, which is characterized by reactions like nausea, low blood pressure, fatigue, and dizziness when consuming alcohol, may be a unique symptom of long COVID. The effects of the pandemic on alcohol-related problems have not been the same for everyone, though. AUD is a clinical diagnosis that indicates someone’s drinking is causing distress and harm. AUD can range from mild to severe, depending on the severity of the symptoms. All the participants drank at home during the lockdown, 20.7 % reported an increased consumption, mainly due to isolation (29.7 %), changes in everyday habits (27.5 %) or for coping with anxiety or depression (13.6 %) [41]. Explore more stories about the impact of NIH research. Although the history of alcohol abuse is as old as its production, alcohol consumption has become a public health problem since the 18th and 19th centuries, with the impoverishment of industrial workers. Ethanol in the form of alcoholic beverages is obtained by fermentation of sugars from cereals and fruits, while ethanol used in the production of pharmaceuticals and cosmetics, disinfectants, food additives, preservatives and fuels is obtained mostly by petrochemical processes [18]. A 2021 study found that people who drink at least once a week are more likely to develop acute respiratory distress syndrome (ARDS) during COVID-19 hospitalization. Because of substantial and unexpected social and economic changes caused by the COVID-19 pandemic, many people turned to alcohol and other drugs to cope with those stressors. Unfortunately, the pandemic also made accessing substance use is dmt addictive disorder treatment more difficult. This research suggests that these issues are reflected in deaths related to alcohol use. Future research can focus on addressing the mental health needs of people with alcoholism or substance use disorders and people prone to it, especially during very stressful events. In Europe, evidence showing an increased alcohol consumption, emerged during the second half of 2020 and early 2021. According to this study, the consumption of large amounts of beverages among women – four or more drinks in two hours – has increased by 41 % this year. The increase reported for most participants translates into consuming an extra drink daily within a month [36]. We’ve also seen more people end up in hospitals due to alcohol misuse and its consequences, including withdrawal symptoms and liver disease. For researchers: NIAAA COVID F32, K99 extensions The COVID-19 pandemic has affected every family across the country, and alcohol misuse is complicating the situation in multiple ways. Consult a healthcare professional about whether you can drink alcohol while using these medications. We’ve also seen more people end up in hospitals due to alcohol misuse and its consequences, including withdrawal symptoms and liver disease. People seeking liver transplants because of alcohol misuse are younger than ever, with many transplant centers reporting that some of their patients haven’t even reached the age of 30. Alcohol use might also cause or worsen certain mental health conditions during the pandemic. If you’re ready to seek treatment, do so after your infection has cleared. Therefore, the role of alcohol consumption on severity of illness in patients with COVID‐19 should be explored, and a history of alcohol consumption should be included as a probable risk factor of disease

Bookkeeping

Is Accumulated Depreciation an Asset? How to Calculate It?

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In some financial statements, the balance sheet may just show one line for accumulated depreciation on all assets. Sometimes, a company realizes that the initial estimates for an asset’s useful life or salvage value are incorrect. When this happens, the business doesn’t need to adjust prior financial statements retroactively. For example, if an asset’s useful life is extended, the depreciation expense will spread over the new life span, lowering annual depreciation. Accumulated depreciation appears on the balance sheet as a reduction from the gross amount of fixed assets reported. It is usually reported as a single line item, but a more detailed balance sheet might list several accumulated depreciation accounts, one for each fixed asset type. Do you classify accumulated depreciation as an asset or a liability? The accumulated depreciation account is an asset account what are retained earnings with a credit balance (also known as a contra asset account). If this derecognition were not completed, a company would gradually build up a large amount of gross fixed asset cost and accumulated depreciation on its balance sheet. On your company balance sheet, an accumulated depreciation account is recorded as a contra asset account in the asset section to your fixed asset current book value. The right accounting tools make it simple to track accumulated depreciation. FreshBooks mileage tracker makes it easy to track distance so you can measure accumulated depreciation for quick and seamless tax filing. The accumulated depreciation account is a contra-asset account on a company’s balance sheet. That part of the accounting system which contains the balance sheet and income statement accounts used for recording transactions. Most businesses calculate depreciation and record monthly journal entries for depreciation and accumulated depreciation. FreshBooks mileage tracker makes it easy to track distance so you can measure accumulated depreciation for quick and seamless tax filing. Cost of goods sold is usually the largest expense on the income statement of a company selling products or goods. Accumulated depreciation is a crucial concept in accounting and finance, essential for understanding how assets lose value over time due to wear, tear, and obsolescence. In some financial statements, the balance sheet may just show one line for accumulated depreciation on all assets. Where does accumulated depreciation go on the balance sheet? The combination of an asset account’s debit balance and its related contra asset account’s credit balance is the asset’s book value or carrying value. Both the asset account Truck and the contra asset account Accumulated Depreciation – Truck are reported on the balance sheet under the asset heading property, plant and equipment. With the declining balance method, depreciation is recorded as a percentage of the asset’s current book value. Because the same percentage is used every year while the current book value decreases, the amount of depreciation decreases each year. Even though the total accumulated depreciation will increase, the amount of accumulated depreciation per year will decrease. If a company issues monthly financial statements, the amount of each monthly adjusting entry will be $166.67. If the straight-line depreciation was taken over a useful life of 5 years, the percentage per year would be ⅕. Accumulated Depreciation data is often presented in aggregate form, making it challenging to discern the depreciation of individual assets. The figure for accumulated depreciation can be located on a company’s balance sheet below the line for related capitalized assets. By understanding this vital metric, businesses and investors can make more informed decisions in the complex world of finance. The company then paid $2,000 to transport the equipment to its location. This differs from other depreciation methods where an asset’s depreciable cost is used. Selling a Depreciable Asset Rather, the cost of the addition or improvement is recorded as an asset and should be depreciated over the remaining useful life of the asset. After an asset’s depreciation is recorded up to the date the asset is sold, the asset’s book value is compared to the amount received. For example, if an old delivery truck is sold and its cost was $80,000 and its accumulated depreciation at the date of the sale is $72,000, the truck’s book value at the date of the sale is $8,000. A fixed asset, however, is not treated as an expense when it is purchased. Over its useful life, the asset’s cost becomes an expense as it declines in value year after year. The declining value of the asset on the balance sheet is reflected on the income statement as a depreciation expense. Accumulated depreciation is a credit balance on the balance sheet, otherwise known as a contra account. Accumulated depreciation is the total reduction in the value of an asset as of the balance sheet date. This value decreases over time as the asset is used to produce revenues. Accumulated depreciation refers to the total amount of depreciation incurred to date. This comprehensive explanation elucidates accumulated depreciation’s significance in accounting and finance, highlighting its role in asset valuation and financial statement accuracy. Total Capital: What Is It, Calculation, Importance & Interpretation A typical presentation of accumulated depreciation appears in the following exhibit, which shows the fixed assets Accounting For Architects section of a balance sheet. The “declining-balance” refers to the asset’s book value or carrying value (the asset’s cost minus its accumulated depreciation). Recall that the asset’s book value declines each time that depreciation is credited to the related contra asset account Accumulated Depreciation. Accumulated depreciation should be shown just below the company’s fixed assets. That means it has a negative balance compared accumulated depreciation definition to its corresponding fixed asset account. Asset accounts have a natural debit balance, so accumulated depreciation has a natural credit balance. It works to offset and lower the net value of the related fixed asset account. Under double declining balance, you take double the straight-line percentage rate each year by the book value until you reach the salvage value. Unlike straight-line depreciation, you do not have to subtract salvage value from the acquisition value prior to calculating depreciation.

Uncategorized

Microsoft Innovations: Empowering the Mobile Experience

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Microsoft is a global technology leader, constantly driving innovation and transforming the digital landscape. With cutting-edge mobile applications and cloud solutions, the company enables users to work, learn, and enjoy entertainment wherever they are. Innovative Solutions for Business and Personal Use Products such as Office 365 and the Azure platform have revolutionized the way both businesses and individuals operate. Microsoft’s mobile solutions provide seamless access to essential tools, ensuring productivity and connectivity on the go. Security and Reliability Security remains a top priority for Microsoft. Regular updates and advanced protection technologies guarantee that users’ data stays secure, whether they’re managing business tasks or accessing personal information. Discover More Committed to making technology accessible for everyone, Microsoft continues to innovate and grow. To explore the latest developments and learn more about their diverse range of products, visit the official website at Microsoft.

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