When a Sale is Made, the Cost of the Inventory Sold is Debited To… Unveiling the Mysteries of Cost of Goods Sold (COGS)

Understanding the flow of inventory and its related accounting treatment is crucial for any business that deals with physical products. One fundamental question arises frequently: When a sale is made, to what account is the cost of the inventory sold debited? The answer, of course, is Cost of Goods Sold (COGS). However, a deeper dive … Read more

Understanding the Temperature Thresholds of Silicone: When Does It Permanently Get Damaged?

Silicone, a synthetic polymer, is widely used in various industries due to its unique properties such as flexibility, resistance to water and chemicals, and thermal stability. However, like all materials, silicone has its limitations, particularly when it comes to temperature. Exposure to extreme temperatures can lead to permanent damage, affecting its performance and durability. In … Read more

Is Rice Good for You to Lose Weight?

The debate surrounding rice and its role in weight loss has been ongoing for years. Many people swear by the benefits of rice in their diet, while others claim it hinders their weight loss efforts. As one of the most widely consumed staples in the world, understanding the nutritional value and impact of rice on … Read more