Hi, I'm David Gonzalez. In this short video series, I'm going to introduce you to the four main elements of storytelling. I think of them as four rivers, words or the text, movement, how the body shows the story, the voice that is the sound of the story, and the imagination. When these four rivers flow together, that's when a good story comes alive. In this episode, we'll look at the imagination, which is everywhere. And it's so important for the imagination to be present in your storytelling. It's what makes it yours. It's what makes it special. In this example, I'm going to recite my poem, The Elephant, from The Carnival of the Animals. I'll recite the poem, and then we'll look at what's inside it, and hopefully I'll give you a couple of ideas that will inspire you as well. So here is The Elephant. I'm large as a barge, legs thick as a tree, I'm chubby in the middle, but I'm fit as a fiddle, or a piano for that matter, yeah, I'm fatter, because I'm built for comfort, not for speed, unless there's a need, then make way for my substantial girth. Give me a wide berth, or end up smushed all over the place. But I've got grace in my own way, I'd say. I mean, look at this sizable snout. It's a real handsome hunker, this slick peanut picker is. And look at these ears, why they're as big as Buddha's. Hey, I think I heard a pin drop down in Bermuda. And I have no fear of forgetting, like letting birthday slip or the grocery list, or the name of that great acupuncturist, I keep it all up here in my noggin. I don't need a computer, never need to log in. So welcome to my wonderful world of XXXXXXXXL. I happen to enjoy it very well. And in that poem, of course I'm using my voice and my body, but I'm really concentrating on placing myself in the life of another being of the elephant. What would the elephant say? And that's something that you can do to expand your imagination. You can place yourself in the life of an animal, like, say, a pigeon living in the city, or a dolphin that dives into the water and comes out for air, or even a mayfly that flies just for one day before it dies. If you do these things, it will open your imagination. And with an open imagination, you will become a great storyteller.


thank you so much for joining the farming podcast brought to you by Private Property. My name is Mbali Nwakao as always your host every Tuesdays and Thursdays at 8pm right here on the Private Property Channel. Thank you so much for choosing us as your preferred podcast not only is it the farming podcast but all the other podcasts that we bring through to you from the private property home. We have Zama during the week and also SD then we have Chad over the weekend bringing you fantastic houses or homes rather that you could start browsing and start looking for a new space to live in. So thank you so much for your continuous support in all our different podcasts and most importantly the farming podcast as well because we want to turn you into you know turning your home garden into a sustainable food source and if you're starting a farm or growing a farm again the farming podcast is the place to be because we bring such exciting guests and bring you awareness of the phenomenal entrepeneurs, farmers, professionals on the ground that we have in the agri industry that is definitely bringing a lot more value into this beautiful sector that we all love. Today I'm joined by two gentlemen who are entrepeneurs in this space and they're going to tell us about data-driven farming. They've come up with a business that is less than five years old and it involves drone and they'll tell us all about their technology and what I like about this specific business is that it can you know service any farmer irrespective of land size however you know I would like the two gentlemen to obviously give us more detail in today business and so if you have any questions or are curious about how important data is in your farming operations and what exactly you can do with data then this episode tonight is definitely one for you so please feel free to comment like share and obviously ask questions directly to the guests this evening which I will read out live and we will be happy to respond to whatever farming needs or specific topic needs that we're discussing this evening so without further ado let me introduce the team from Curai which is an agritech startup and I am joined by Clive Mate as well as Samuel Mateja. Gentlemen how are you doing and thank you so much for coming on to the show. Thank you so much for the introduction and thank you for having us today. Good evening Bunny and your guests thank you so much for this opportunity. It's a pleasure thank you so I want to start with Clive perhaps. How did you come about incorporating Curai and why specifically did you bring this technology aspect within agriculture why couldn't you go for any other industry so maybe tell us a bit about who or what Curai is and why did you decide to start your business in the agritech space. Thank you so much Mbali. I mean Curai was born from more of a passion project that I and Sam had obviously stemming from our historical experience growing up more specifically in the farming community so growing up by the access to a small-scale farm obviously actively involved in the activities in the farm so I mean that could be something like weeding and crop spraying and pretty much as trying to monitor and see if we can identify any issues right and that was 10 15 years ago when I was still growing up obviously the whole thing changed went to Vasity became an aerospace engineer worked in the industry for quite some time and we gathered quite a lot of knowledge and experience right and as you might know the aerospace industry is probably one of the sectors that really gets access to take way early on before any industry does so that experience and the access to take that it kind of gave us and obviously making back to my experience is I guess a son of a farmer right it then became obvious that there was a need to then define value and push it back to the experiences that we had now as we were forming Curai in our heads it was value that we were creating that 10-year-old client was going to use and see value in I mean same we'll probably speak more on the actual take how things work and I guess how it then defines value for for farms but the whole idea is to push the use of data push the use of pretty much optimizing the access to resources that we have to at the end of the day increase productive efficiencies as a farm now we there's aspects right where we are seeing a farm is more of a social activity more specifically for small-scale farms but for us to be really productive and push the barriers to not only achieving food security but then to then start a deriving more profitability as a continent there is need to treat a farm as a business and if you're going to treat a farm as a business it means there's productive relationships between inputs and outputs and wherever there is such a relationship we then speak of tech that optimizes the actual productive function and that's pretty much what Curai does right is to push the productive efficiencies specifically for pre-havoc in efficiencies aspects of the farm. Okay awesome Sam I'd like to come to you because following with what Clive said you know he was born and bred you grew up in a farm environment and I know you're more of the tech business partner in this relationship and talking following up on what Clive has just said you know following up on data on your farm how your farm runs treating your farm like a business what exactly does Curai do is it a product or a service to the farmer and what exactly does it do so what type of tech does Curai use and how can it benefit my business. Cool thank you for such a great question Bali so like Clive explained earlier on technology is the best way to leapfrog all the inefficiencies that are happening currently in pre-harvest inefficiencies in farming the way that Curai technology works is that we work hand in hand with farmers farm managers and all the employees on the ground we provide them with data driven insights we do this by using high tech sensors so usually in a form of drone equipment we come to your farm you fly over your piece of land any crops that you do have in the ground we then aggregate all of this data bring it back in house analyze it through machine learning processes so basically that's just the fancy way that we pick out patterns and from these patterns we can then deduce how any stresses that you might have on your crops any watering issues that you might be experiencing any pests that are possibly spreading and are going to affect your yields at the end of the day so with this insight that is given to you in a timeless manner you will then be able to act as a farmer and be able to interject as well as plan ahead for your season thank you for that so tell me what type of farmer should be using Curai you know is it a farmer that's producing on open land is it a farmer that using is producing under crop protection so tunnels shape nets what type of farmer is using is is using curai so because we are using an aerial method to gather our data we would inherently prefer open field crops not under any shading or any protection what usually happens is that we work with most of our clients during the summer periods and then if do if farmers do then prefer to go into tunnels or cover their crops we will then are starting of thinking of employing other soil sensors so sensors that stick in the ground to also be able to gather that data so that we can give you insights and input on how your crops are performing and give you data driven actions to still help you reap the full harvest right still with you Sam thank you for that you know it's open field aerial mapping that's that's the purpose of your technology going back to the crops are we talking about tree crops so if you're farming any fruits citrus etc or can a farmer with maize or doing grains producing grains use curai technology furthermore can a farmer maybe farming vegetables you know if it's a crop that just lasts on the ground for three months do you think it's still applicable for a vegetable farmer to use curai or is it just specifically for long-term crops oh buddy thank you that's a very good question so unlike many of our other competitors out there curai is not limited to a single crop or a tree crop of a vineyard we work across the whole country all the way from the western Cape to Lombok or dealing with grain crops vegetables vineyards tree crops um the analysis would definitely change because the pests and infections that are dealt with in tree crops are totally different to vegetables and vineyards and we've spent the past couple of years working on our software and technology to accurately give customers the correct feedback so yes we have we do have a extensive experience with a whole variety of crops handled across the african continent great coming on to you clive and i hope you can explain this in the most simplest manner as possible you know maybe talk to a farmer you know i am a farmer but yeah as if you're talking directly to a farmer without using the high tech jargon etc that's going to confuse us so today i'm a maize farmer i want to use kurai to identify pests and diseases in my farm how does it work and am i flying the drone every single day is there a specific time that i need to fly and then once it detects that what happens um so maybe just just provide us like on the ground how would one um literally or physically interact and use kurai i think buddy for for that question is quite quite relevant i think also needful as well um so how we work is we obviously uh first build some kind of relationship with the farm in this case some kind of contract that obviously allows us to to then come to your farm and start collecting data and and and the likes right okay so depending on on the crop uh it depending on the crop we it then determines the actual frequency so the the number of times we come and collect data obviously if it's a more sensitive crop like like lettuce will probably then come to your farm every two weeks if it's an open field crop like maize will come to your farm every four to six weeks the whole idea is to collect data at each and every different stage of i guess are the the crop growth phase and that does two things right the first thing it does is obviously tell us what's happening at that particular point in time but then if you collect all the different time frames that we we collect this data you then start to see some kind of a pattern uh on what's really happening in your farm which areas are underperforming uh which areas are overperforming and and things like that but the bigger picture in why we why pretty much is called um crop monitoring right so that you kind of detach from being worried with what's happening on your farm um so you can detach with aspects of uh pest infections for instance you can detach with with any aspect that is related to your crop being your crop yields being threatened by any uh crop stress or it can be heat stress or dehydration stress now if you have detached all those factors to cry and cry because of the contract that has been set up or comes to your farm in that frequency which is obviously determined by the crop and rest assured you know that if any of those issues arise you're going to get some kind of notification actually of the inside being pushed to you as a farmer uh through our platform or through whatever means is is is our way uh more convenient so the idea is that if any of those threatening situations arise they get pushed to you timely enough that you can then act before um a significant portion of the uh yields as in threatened i mean historically 90 percent of potential threats have been eliminated uh through our interaction like this obviously there's other factors that come in regarding to you as a farmer having access to platforms to for instance spray or crops if you identify any pest uh obviously let's say apply fertilizer if you identify any soil deficiencies and the likes but it's more of a quite an inactive engagement uh between the teammate cry coming to your farm and collecting data and you have access to that information quite timely uh as well so it's more of an active engagement than us just coming once a year or once or once in in in a few months it's going to be kind of a relationship that we're building and just to understand correctly clave i hear you saying just collecting data and we know what's uh the regulations around the public so who keeps that data who owns that data and when you're collecting the data for the farmer are you providing recommendations on how the farmer can improve in his or her production or is it just collecting data putting it in a format where a farmer can understand whether it's in the form of graph excel spreadsheet and maybe the farmer could take that information sit with the agronomists and they just stop planning to say where are we going right and where are we going wrong so maybe just expand a little bit on that part oh yeah so when we we speak of data uh the there's obviously different levels right of the actual data i mean the data itself gets transformed uh through our processes into information into knowledge then eventually into wisdom right so you is the farmer on the right to the actual data and information but then uh the the upper levels which are the the actual actionable insights that we give to you that's a bit of a fuzzy area right because that's that that's wisdom that we have developed over the past years uh through our own experience in our own um our own ai becoming smarter and smarter so that's a bit of a fuzzy element on who really owns uh the the the data but the actual insights that we then push to you uh it's something that you don't really then have to be able to to make to say for instance know how to uh interpret an excel graph or something like that we try to eliminate all those uh aspects for you as a farm and that's why you call them actionable insights uh or just discernment right so for um for instance what we then give you as an output is a map with let's say red green and some kind of orange region um areas obviously those being portions of the farm and it's a simple summary that says the red farms uh i dehydrated now you have to basically apply some kind of um you know spraying whatever it is that you do or the the purple farms need uh fertilizer to be applied at a rate of 30 kgs per ton now we are trying to detach you from the actual analytics of giving you our crafts and spreadsheets and and in the lives i mean that's the job of a scientist and that's basically what the the the big intimate choir is doing right trying to to to simplify the complex because all we need to do is to know what we're doing and we act on that and then the actual results get seen by the actual efficiency the improvement uh in the crop yield uh the improvement in you yourself as a farmer spending less money uh in the actual fertilizer in the actual pesticides but realizing an increased yield uh at the end of the day right before i move on to sam uh clive i just want to ask you one last question here uh with regards to what you've just said so how many haters what does one farmer have to have to be able to use karai to make sure that the costs make business sense what's the minimum starting or entry level uh number of hectares that one would need to have in order to use karai i mean there there's no uh limit in in theory in terms of uh what the size of the farm i can be can be a garden can be a one hectare farm i can be a 400 hectare farm they there really is no limit right the the only constraint that that didn't come to play because of the physical aspects related to to us going to a farm and uh pretty much collecting data is is then the the aspect that then relates to the actual fixed cost of us going to the farm uh and and driving to the farm right and because of such reasons we we kind of anyway with different models where if we have a number of small scale farms we kind of like aggregate them together and say on a particular Tuesday we are going to reach in a with 20 farms pretty much growing the same crop right i mean there's a high chance that if it's in the same uh sport then they're pretty much growing the same crop in the same age so because of those models that we then use that then kind of not only saves costs for us as a company but also then reduces the cost of us saving you as a farm and hence the price that we charge on you so there's also particular models and obviously you kind of get uh situations where we're dealing with uh your large scale farms and in that aspect is very much feasible for us to just come to your farm and collect the data got it got it sam moving on to you and with what clavis just said you know that it's best to work with farmers who are uh working um together so that you could aggregate them to make sure that the the fly to the drone process the drone flying process is easier for you to collect data but you know i know that uh models like that typically work in uh in different regions within the african continent but south africa specifically is quite unique because there's a lot of small scale farmers um you know um widely dispersed from a geographical point of view and people farmers who are farming as a collective or you know in a small community would typically be be will typically be farmers maybe were part of a specific program farmers who are part of a cooperative so now how are you solving the challenges around where uh you're finding embali in in kating embali in limbo embali in northwest that uh maybe is farming maize each on 50 hectares but you have to physically go to their farm so how are you how are you dealing with the logistical or geographical challenges to say um this week i need to be at this person's farm etc especially if we're farming the same crop and the data or analysis needs to happen pretty much at the same time so uh thank you that's also a great question and one of the biggest bottlenecks dealing with small scale farms in in the southern hemisphere in southern africa um the way we deal with that is you work largely with cooperatives and organizations that are managing or work with these farms in particular and all their suppliers and we try to correlate all that information to schedule our flights and our monitoring trips as we visit these farms we're also looking at another business model where we will then try to equip these local farmers to be able to fly uh drones for themselves i know big or for ir is a big talking point at the moment uh claire and i were privileged enough to go um aeromotorical engineering and we worked a lot in the aerospace industry so we understand a lot about flight dynamics but we also want to um empower or equip uh people with with their knowledge and know how to handle such technology and to be able to do it for themselves so um our current model is that we would work with um all the cooperatives and managing partners in how to facilitate the data capturing but eventually we want to get to the point where they will be able to do the flights and do the collection for themselves that was actually going to be my follow-up question to say you know just to limit the moving parts between um you too as the co-founders of karai you know could i just buy or rent out to your drone fly it on my on my farm um and then you know it's it's collecting insights and gathering information and then you know sit on a desktop have a zoom call like this where both of you gentlemen can then just advise in terms of the type of information or data that i'm reading so i wanted to know the follow-up question was literally going to be can one just fly the drone by themselves and then you would obviously provide that advisory service uh post flight on what the data actually says or is is is reading okay uh just just to add on that so our our biggest problem with that is just the South African civil aviation authority regulations so um in order for you to be able to do that for yourself you're going to by law are required to have a drone pilot's license the drone uh the aircraft needs to be registered with the civil aviation authority as well and as well as the company is going to need to have an operators license called an ROC in order to operate in South Africa so that's also a legally a requirement that you are going to consider before being able to do that but like i said we're working with partners and stakeholders both in government the department of transport and the South African civil aviation authority in order to expedite that process because um it's a very simple procedure to follow um this business model has been tested out we have clients out in Africa we're currently partnered in Lagos we farmers are doing the flying of drones by themselves and then they just send the data to us we do the processing and give them back the insights so the only biggest speed hand is just legislation in South Africa but as soon as that is caught up yeah that will be the way forward amazing gentlemen it sounds like you've just done so much research and development since you started karai and really thought it through you know about the needs uh that a farmer has and you know how can we perfect our systems on our farms clave coming on to you you know as as as sam was speaking i remember that a part of your service offering not only provides aerial mapping um and just obviously providing data on what you've just seen based on how high the drone flies etc and the information it captures i know that part of your service offering also provides spraying so like there's a physical drone that you could use over your fields and it's spraying um correcting that specific part of um you know the field etc now coming on to that you know um there is also a lot of technology advancement where there are self-driven tractors you know that um have boom sprayers at the back that maybe um have a capacity to carry let's say i don't know 200 liters and maybe cover hectares and hectares of of land so tell us about the technical specifications on your specific drone spraying so how many liters can one um so so how many liters can one flight hold and how many hectares can that cover it because what i'm trying to ask find out here is how many times so let's say i'm farming on 500 hectares how many times would i have to have a drone flying to spray and i'm trying to compare versus a tractor maybe they could drive itself but as a capacity to maybe spray has a capacity to hold 200 liters and spray maybe you know all my hectares at a go so how many just give us the technical specifications around your drone equipment specifically on the spraying pot and how many hectares would one flight cover i think somebody for for that question i mean perhaps before i get to the actual technical uh aspects in terms of the operational performance uh i think it's worth just mentioning generally why we initially uh embarked on this journey of literally designing and developing our own crop spraying drones um i mean uh they they should eventually uh come life i mean within in the next few months specifically because of the ca regulations that samson mentioned so what obviously taking back again to our experience in the farming uh i guess the farming activities growing up uh you realize that uh besides the actual information part right that we've been speaking um about i think all up to this stage uh the other second biggest i guess inefficiency that farmers have are pre-harvest specifically for small in medium scale farms is the actual access to to infrastructure so access to platforms that then perform the key activities that we need right um and you realize that if you basically break down all the activities uh the one of the chief and really crucial ones is the actual crop spraying uh obviously then lean to the actual application of fertilizer um and that's why we then embarked on this journey of designing and developing our crop spraying drones and the primary reason was to define access of these platforms to small and medium scale farms in a in a way that obviously is affordable but still does the job way more conveniently right so i mean a single drone for instance can be used by four or five different farms in one particular day now having a defined access right we then bring it down to the i guess the the fortunate um our part but because of the access to take and the decreased cost actually of accessing technology these drones are even way more efficient in applying it it can be fertilizer or pesticides compared to to your tractors in aircraft even right i mean there's particular reasons for that um it is a system that basically flies low enough we usually fly like two three meters above above the crop uh so the actual pesticides the actual droplets are applied to uh to the crop surface way more efficiently so obviously speaking of 20 to 30 percent are savings in just the pesticides but now the biggest element of the actual savings the efficiency comes comes in when when you cope with the actual data analytics in the actual application so give you a scenario we we fly in a 10 hectare farm we realize that only 0.5 hectares uh it is affected by pest so now we need to uh spray that portion right ideally with a tractor or any other platform you're coming basically dump chemicals in the 10 hectares now with the actual drone because it's also data driven it knows where it is to every square centimeter in the farm what we just do is take a prescription map from our analytics upload it to the drone and it pretty much goes goes exactly where the the the infection is right obviously goes with it much more quicker but also it means you have saved in 9.5 hectares weight of chemical now that's uh that's a huge 95 percent savings in that uh a given scenario you've spent less money but if also obviously dealt with uh a given threat now let's go to the specifications of these actual drones right um and I guess one of the most and something with the redimensioning is the actual uh spray rate rate in terms of how much it can cover at a given time so our current platforms uh if I obviously mentioned it in terms of the number of hectares per day speaking of something like between 45 and 50 hectares per given day depending on the terrain and the complexity of the farm um now uh the the platform itself can carry up to 16 liters at a given time now that might sound uh quite quite small right but then if we get the actual rate in the speed at which this platform covers you then realize that you can easily just replace the payload just like that so uh in any given hour we're talking of close to a hundred liters of chemical being applied uh to to a given crop right obviously there's scenarios where if you are doing quite some heavy spraying where it really becomes impractical at this stage so we cannot for instance apply 300 liters per hectare so there are those scenarios where we say you know what we can just advise and identify areas that are infected but we we then detach ourselves from the actual uh spraying our platforms and not yet at that stage but for any medium to ultra light spraying rates anything below 60 liters per hectare the drone is by far the most efficient platform to use right I like the fact that you mentioned that the drone goes low enough to be close enough to the crop to spray because we've seen some commercial farmers and farmers just let's just say established farmers who are farming in hundreds of hectares using helicopters to spray and I've always asked myself like you know that the whatever chemicals they spraying is obviously getting blown by the wind you know even if even if you're on a um you're spraying on a day that is not so windy but you kind of see that the chemicals moving away to the side um you know and um I like the fact that the drone just fly hovers just low enough to the crop to spray a specific area so therefore you know I suppose you as a farmer if you're using that uh a method you're not doing preventative spraying you know you're not just spraying at a blanket approach you're spraying to fix a certain problem at a certain space so you're obviously saving on chemical costs etc fertilizer costs if needs be genuine this sounds like a fantastic business that you've built um and I'm sure it's not the last that we hear from you from the farming podcast um and just in in the industry at large and um hopefully a lot more farmers could use um this technology and also understand the the this the importance of using data on the farms because I was speaking to speaking to a group of farmers today to tell them that you know data is so important even if you're seeking finance even if you're trying to understand the yields per hectare on your farm you need data to make that informed decision and when investors want to invest in your business they want to know how much how much can you produce at which seasons at which different seasons and the reasons why you're producing that so you know farming is definitely a business but I just want to know from from having incorporated karai um what have been some of the milestones of the accomplishments that you guys have achieved that's far and the biggest learnings you know sometimes you know entrepreneurs like yourself develop a product or service thinking that farmers might need this but when you actually go and trial run the actual product or the service you find that oh there's a lot of tweaks and changes that we need to make because what we thought does not really translate into reality so just to some of the show because I we are running out of time just a quick one maybe either of you could answer either of the two questions to say firstly what have been some of the milestones and accomplishments having started uh uh karai and then also what have been the biggest learnings uh bringing karai into the farmers and uh once the farmers have used the product or uh yeah your your your service offering what have been the biggest learnings so what have been the biggest learnings and what have been your accomplishments since you guys started um I'll let you decide who answers which okay go on about the biggest learnings I think so far we were kind of privileged because we both came from um an extensive farming background so we had a lot of insight but we also on the other hand had a third eye if you may call it that being outside the industry so being aero engineers we could give them um we could show them something that they never thought of or something that they've never seen before and that was very um also a big uh hump a speed trying to convince people that the technology does work to believe and trust in the princes that took a very long time but eventually a lot of people came around because their results spoke for themselves so I think that was our biggest biggest challenge um yes thank you cloud I think for me when it comes to the I guess the accomplishments just generally being able to have produced a really amazing product um I mean um not amazing in the sense from an engineering perspective we love engineering I love drones um obviously uh amazing that respect right but I mean I could possibly point to two or three uh scenarios where we we just see the light in the um the face of a farmer right uh initially by them just like seeing this tech so I guess they say the crop spraying drone just seeing the drone hovering and flying up and down the amazement but also 30 40 minutes down the line when this drone is sprayed five to six uh hectares and how they are so thrilled but at the same time um it's like there's this fulfillment in them that prior to this right in this particular scenario I just spent 40 minutes of my time and this this thing has been there's been finished comparing that to the pain that they um that you usually feel right of trying to hire tractor for the day spend three or four hours out up and down with the tractor possibly missing spots I mean that's a scenario that we've heard quite a while where they miss sports with tractors and things I mean that just a farm seeing the fulfillment between the two scenarios and then just loving the insights we're providing to them and acting in immediate almost immediately in in some cases seeing the the the impact uh that uh the services defined like that for me is just fulfilling beautiful fulfilling thank you so much gentlemen for your time this evening I thoroughly appreciate our conversation and um yeah I wish you all the best with your business and your service offering I guess I hope that you know from this conversation we get more farmers curious about how do they incorporate data into their farms to make strategic decisions for the next season for the next planting cycle etc and um yeah thank you so much for sharing your journey with us and your experience and the reasoning behind uh uh incorporating karai but thank you so much for your time this evening thank you so much buddy you're really a great time it's a pleasure thank you that was Clive Maate and Sam Maateche from karai the co-founders of karai which is an agri-tech startup incorporated in 2018 and they were talking about uh data driven farming and the data pretty much comes from the service that they offer to farmers using drone technology to do aerial mapping of the farm to identify any unwanted pests and diseases on your crops it could be useful short-term crops vegetables long-term crops you know and it's not specific to the size of the farm but what the technology does really is help you identify the problem areas in your farm and you specifically tackle those specific areas at the end of the day cutting you cost saving you costs from a fertilizer consumption insecticide consumption and I think another one a petrol or diesel consumption you know uh because when you use boom sprays you have to always buy petrol or diesel and two-stroke oil and so you know I think what's great about their technology it's really tackles the most critical and problematic areas on the farm instead of having to you know use a blanket approach in your entire production if you'd like to reach out to the gentlemen um go to their website kurai k-u-r-a-i um I don't know is that dot com or dot c-o dot z-a clive uh just dot c-o okay right dot c-o go on to the website they have all the uh services and you know uh the journey around the business and what they offer to the farmers information that you need right there and their contact details so thank you so much for watching on to the show I will catch you on thursday 8 p.m and looking forward to the guests that we'll have then and for you to also engage and interact with the upcoming episode but thank you so much for supporting the podcast and you could catch us on youtube if you missed this conversation tonight that's it for me take care


Doodeck is a man on the inside, Eric Slick, and what about Max Frick from the outside? Mikkelsen tries the inside running white, Mikkelsen, wonderful ride from the man in the white's helmet colour, an injury in place on time, Mikkelsen and now Doodeck, high in the dirt, trying the outside run. Oh, the track is so reliving up now, the racing is getting better and better, as Doodeck tries the outside running. Dear, dear, dear. Well, well, well, let's hope the boys are going to be okay here, because that was a big one. Freddie Lindgren trying desperately to get out of the way. Let's have a look at this, is that too hard? Is that too hard for Mikkel, Mikkelsen? I'll tell you what, Freddie Lindgren. Ah, Frick. Wow, nasty crash. And I'll tell you what, that is a minor miracle that they've all got up. Tell you what, Mikkel, Mikkelsen's hard on Doodeck there. He is very hard on him. Wow, bikes and bodies everywhere. What a spectacular crash. Hi there. Max Frick is still being attended to. I think he's holding his wrist, Max Frick. This is a big decision for the referee here. It is now, yeah. Because Mikkel's making some moves over there, just there, and basically leaves him with nowhere to go. I'm not quite sure which way the ref's going to go there, but I don't like that move there. It just gives him a nudge there when he's alongside him. He knows he's there. He must have had an idea he's there. Freddie Lindgren picks the front wheel. Well, Doodeck is excluded, we're told. I can't see an exclusion light, but that's just information that is being fed through to me right now. But I'll tell you what, that could have been such an even worse outcome. We hope that Max Frick's going to be okay. He's still sat down, getting medical attention, holding his wrist. And well, it was a dreadful, dreadful crash. Now, let's hear from the most spectacular stuntman in Sweden. Evil could evil. No, it's not. It's Freddie Lindgren. And he is with Kiri. Well, amazing reactions for you. How did you react so quickly? How did it play out for you? Yeah, so Doodeck came down and was in a really awkward position. We don't have any brakes on our bikes. And it was just instinct really. Try to avoid him as much as I could. Try to lift my bike up and hit him as little as possible. All right, Freddie, glad you're okay. Thank you. What a hero. And that's exactly what he achieved. You know, it was a split second decision he had to make. And great to see, great to get the reaction, of course, because it was quite an incredible moment for him.


On Monday, Texas, Ohio and other states prepared to reopen their economies despite the fact that reported U.S. coronavirus cases are close to one million. The U.S. oil plunge, 25 percent, and Brent fell below $20 a barrel. The Swiss National Bank stepped up its forex purchases again. New Zealand claimed elimination of coronavirus with new cases in single digits in the country. But the Bank of Japan expanded monetary stimulus as the pandemic pain gets worse. Welcome to the Tick-Mail Update, I'm Kanadanya, the founder of the Investiva movement. Make sure to subscribe to the Tick-Mail YouTube channel and support us by liking and sharing this video with your forex trading friends. And Tuesday, we'll be eyeing the CB consumer confidence from the U.S. and Australia's inflation rate. Today, I'm looking at the Aussie yen pair that broke above the daily Ichimako Cloud last week and is now on its pullback mode towards the upper band of the Ichimako Cloud. The Ichimako system suggests this pullback towards 68 to be a buying potential for medium-term investors. Potential profit-taking ideas are at the Fibonacci Tracement levels at 71 and 74. This is of course if the inflation rate tomorrow doesn't trigger the bears. Do you think the Aussie yen pair will continue its gains? Hit over to the comment section and let me know. Of course, trading in the financial markets involves a risk of loss and you should only trade the money that you can afford to lose. If you like this video, give it a thumbs up and subscribe to the Tick-Mail YouTube channel. I'll get back to you with more updates tomorrow.


Joe, I mean, obviously normally I would speak to you in your role as a deputy, but today it's about you as a, this is your community here and what we're witnessing and what we're seeing unfold. There's no words for this, though? No. It's, look, everybody's rallying and, you know, the tractors and, you know, all the lorries are here and everybody's, everybody's trying to, trying to make this better and the harsh reality is there's families here and they're waiting for news, there's people unaccounted for and we're all waiting and it's just hard to put words on it, Greg, to be honest. And it's all hands on deck, anyone that can do anything is trying to and then you look around, I feel the same, I'm sure you feel the same, then you feel helpless, I saw you trying to ferry water to people, it's just to be feeling that you're contributing in this local crisis. Yeah, that's it and everybody and everybody's saying that and everybody's here, but I think as most of the community gets this, like everybody just needs to be here and be together and I just think for a community like this that's, you know, so tightly knit and all that and I mean, this place where this explosion went off is that's the community hope, that's where people meet after three o'clock on a Friday evening, there's a lot of people in there and it's just, it's a waiting game, it's a horrible waiting game for so many people now and my thoughts are with the families already who know they've lost loved ones and I'm just, just to solve for my sympathy, that's all. And the people that are up there trying to help, trying to rescue people as the night draws in, working in very difficult circumstances too as well of course. Yeah, they are and I suppose any man involved in the construction sector and there's women here trying to help as well, they're all trying to help but they're all connected, that's the heart so the people up there doing the heavy lifting and with the rubble and all that, they know these people and that makes it even all the more difficult. So, look my thoughts are just with everybody who's affected and I'm, that's... And all we can do is stand together, stick together and support as much as we can I suppose. That's all we can do and I heard Father John Drew Duffield in an interview with you and he asked people to pray and all that and anything that people can do and people if they can stay away from the emergency department tonight when they're going to hospital and stuff like that, people can still do stuff and be with each other, that's all. Thanks John.


Don't call Biden elderly man with poor memory. White House The White House has condemned a report compiled by U.S. Special Counsel Robert Hur, who investigated allegations that President Joe Biden mishandled classified documents. A top legal staffer said the prosecutor went beyond his mandate in describing Biden as having diminished faculties in advancing age. The spokesman for the White House's Office of the General Counsel, Ian Sams, went on the offensive against Hur's report during a rare press briefing. Though the report ultimately recommended no charges for Biden, Sams questioned why Hur discussed the President's age at all. When the inevitable conclusion is that the facts and the evidence don't support any charges, you're left to wonder why this report spends time making gratuitous and inappropriate criticisms of the President, he added. Though Sams did not dispute Hur's intentions, Vice President Kamala Harris suggested the special counsel was politically motivated, saying his description of Biden could not be more wrong on the facts. And so I will say, when it comes to the role and responsibility of a prosecutor in a situation like that, we should expect that there would be a higher level of integrity than what we saw, Harris said. Hur was initially appointed U.S. Attorney for the District of Maryland in 2018 by then President Donald Trump, but resigned just three years later. He returned to government in early 2023 when Attorney General Merrick Garland made him special counsel on the classified documents investigation.


So, the important thing is this is not about rape, this is about what kind of human beings are we raising. Commerce has taken precedence over humanity. Commerce is not about serving humanity. Humanity is serving commerce, it doesn't matter what you can sell. As long as you can sell it, you're doing great and you have to scale up. So there is a lot of looking at that humanity has to do. One particular case of rape has brought the consciousness of the nation to a certain brink. Using this, it's time that we look at the essentials of life, whether the crime or violence or forceful acts are committed against a woman or a man or a child. It's the same thing, it's not one is not different from the other. If we approve one forceful act, the other one will naturally evolve out of it. This must start from the home situation. If you can force feed your child, you can be forcefully sexed also tomorrow. I want you to understand this, this is how it starts. If you think you can force feed your child, force is okay. As long as you get to do what you want to do, then everything else follows. These are the offsprings of that. We don't want to attend or destroy the root, we just want to prune the surface because right now it hurts us. That is not a solution. It is disheartening to see on the national news channel, the discussion is, should we castrate them or not? So today if you castrate a rapist, tomorrow cut off the hands of a thief, cut off the head of somebody else who uses his brain, there is no limit to this. This is not the solution. Whatever sympathies you may have for the person who suffered the victim, we must look for more profound solutions, more well thought out solutions, not simply reacting, reacting to one violence with another violence is not going to breed a right kind of society. Now is this in one society? It is not. It is just that in some societies the law enforcement may be little better. Don't think. People are better, no. Law enforcement is little better, so it's little more contained in certain societies, little less contained in other societies. One way, yes, protection by law enforcement is needed, no question about that. But still a transformation where law enforcement can be limited to a small percentage of criminals is the society we want to live in. We don't want a big segment of population being curtailed by law enforcement alone. If there is no policeman, they will do something else. It's a dangerous situation to live in. The statistics say that ninety-six percent of the rapes happen within the home. Law enforcement never ever gets involved in this. Ninety-six percent of the rapes happen within the four walls of the house. So it never goes to the law. So this cannot be contained by law. Maybe the super violent rape like what happened in Delhi could be controlled to some extent by law enforcement but not the other things. The fundamental thing is that you want to possess, humiliate and subjugate another human being. This is happening because of a certain level of inadequacy, a certain level of incompleteness within you that only by possessing something, you will feel little better. Whether to fulfill this possession you go shopping or you go raping, it's the same thing. Something is inadequate. You want to fulfill this by getting something. This will find all kinds of ugly expressions. Some of them you may think is harmless. But if you do this today and fulfill yourself tomorrow you would like to step it up to something else and something else and something else. It will not stop at one thing. So the solution is not in just containing it. The solution is in transformation of the individual human being. And nobody is willing to invest any time or life to make this happen. Everybody wants an instant solution, go on the street, protest for two days and world will change. World will not change. The world has to change. First thing is willing to invest time for my own transformation. Only if you're willing to invest time for your transformation, you're willing to invest time for other people's transformation because you understand the value of what it is. If you're not willing to invest time upon your own transformation, where is the question of doing anything for anybody's transformation? If you do not know the value of what it is experientially, you will never invest. You see this every day, maybe you don't, I do.  But every day there's something more important to do than yoga. Yes? Look back in your life what great things have you done which are so important. There will be nothing great. But when you want to do your morning meditation, you will see there is something more important to do. This means you do not hold human transformation as a very crucial thing. You think it's an entertainment, you think it's a side thing to do. It's not the side thing to do, it is the main thing to do. It is the main thing to do.  Some will come it, some will not come it, some will do it on the video game, some will have the courage to do it on the street. Closet rapist or street rapist, not very different isn't it? Maybe for the victim it's different, but for the world that we live in it's not different. We're still living with such people, isn't it? So if this has to change, we need to understand that individual transformation is the most crucial thing. If we are not willing to invest on that, we just have to do with what we have. And worse will come, not that it will not come, worse will come. Every time there is no law in a certain place, every time a war happens. What happens there, apart from the killing, what happens there is worse than the killing, almost everywhere. So these are all the same people that you live with. These are your sons and husbands and brothers, they are so nice. But if nobody is watching them, they are something else. Transformation means just this, that who you are is not determined by other people's opinions or other people's presence, you are like this, somebody is there or somebody is not there. This is the way you are. This is transformation. If this, in this direction humanity does not make an investment. In this direction if every parent does not invest upon their children to transform them into a more inclusive human being, inclusion just means this, technically, to bring it down to very technical level, inclusion, don't teach it in the name of love, embracing the world, this and that, inclusion just means this, that who you are is not limited to the absolute boundary of your physicality. It is little more. If it's little more, the very way you walk on this planet, the very way you breathe upon this planet, the very way you exist in this planet will be different, simply because your idea of who you are is beyond the boundaries of your physicality, if this one thing happens to the human being, suddenly he is different in every possible way.


QuickBooks Online 2024. Apply customer deposit or credit to an invoice. Get ready and some coffee because we're going to make our books shine with QuickBooks Online 2024. Here we are in our Get Great Guitars 2024 QuickBooks Online Sample Company file. We set up in a prior presentation opening up the major financial statement reports like we do every time the report's on the left. In the favorites we're going to be right clicking on that balance sheet so we can open a link in a new tab. Right click in the P&L, the profit and loss to open a link in a new tab. Same thing with the trial balance and then we'll go to that middle tab. Close up the hamburger. Change the range. We're going from 010124 to 022824. I want to see it on a month by month side by side so we'll change it. Run the report. Tab into the right. Close in the hamburger and change in the range. 010124 tab, 022824 tab. Selecting the month by month breakout to refresh the report. Tab into the right and repeating the process. One more time. 010124 tab, 022824 and month by month on the breakout. Run it to refresh it. Let's go back to the balance sheet recalling what we did in a prior presentation which was deal with the fact that we have a customer deposit or otherwise known as unearned revenue situation. Let's jump over to the flowchart just to recap what this situation looks like. First a word from our sponsor.  Like our crunching numbers is my cardio product line. Now I'm not saying that subscribing to this channel crunching numbers with us will make you thin fit and healthy or anything. However it does seem like it worked for her just saying so yeah subscribe hit the bell thing and buy some merchandise so you can make the world a better place by sharing your accounting instruction exercise routine. If you would like a commercial free experience consider subscribing to our website at accountinginstruction.com or accountinginstruction.thinkific.com. This is a desktop flowchart but we're using it for online because the flow will basically be the same for the accounting process. So if we're on the revenue cycle we expect money to be coming in at the end of the revenue cycle one way or the other the general cycles we have looked at would be the easiest cycle where you just get paid by youtube or something you wait till a deposit happens and hits your bank and you just record it as income possibly with the bank feeds using that method using a deposit form or you're at a cash register in which case you're still on a cashed based system you're getting paid at the same point in time you're doing the work but it's a little bit more complicated because you're generally going to want to record the sale not when it hits the bank but when you record the sale for internal control purposes oftentimes putting the money into a clearing account so that then you can deposit it into the bank in a format that will match what's on the bank statement or you could have an accrual method in which case we typically do the work first like a CPA firm an accounting firm a law firm a landscaping company where we do the work we invoice the client recording revenue here track accounts receivable then we receive the payment and then we make the deposit but we could have things go backwards sometimes in which case we get the money first what if we get the money before we do the work that doesn't typically happen with most businesses but it's quite common in some businesses such as the classic one being the the newspaper business that's the classic textbook style which again it's kind of outdated because the lame legacy media with their lame leg on the legacy media possibly is selling less newspapers these days but you have a similar subscription model for a lot of applications like computer applications these days which have a similar concept you pay for it upfront they haven't yet provided you the application they're going to give you the application possibly for the next year you paid for it up front in that case what has really happened is they got the money but they haven't done they haven't earned it yet so you should be recording it as basically a liability any kind of rental property similar kind of thing the rental property might have last month rent that they want to collect upfront or a security deposit which is a similar situation where you get paid but you haven't yet done the work and therefore it shouldn't be revenue because you haven't earned it even though you got the money so what do you do in that case well we're gonna one method the easy method for a bookkeeping standpoint would be you record the receive payment even though you don't have an invoice to link to the receive payment as we know in our mind what's the thing that is affected with receive payment it decreases accounts receivable but there's no accounts receivable for that customer therefore for that customer it makes a negative accounts receivable which isn't exactly correct because we should have a positive liability but from a bookkeeping standpoint works quite well because we can easily see that in the customer center as a credit to that account that we can then tie to the invoice when we finally earn the revenue so let's go back on over here just recap what we did last time we have in accounts receivable these receive payments that we put into the system let's take a look at the sub ledger for accounts receivable go into the tab to the right right clicking on it duplicating the tab and then we're going to go down to the reports left hand side close up the hand buggy and then scroll down so who owes you let's go to the customer balance detail and we're going to say then we have some of these that we entered this payment in for like this one for example Anderson so so internally that makes sense from the bookkeeping standpoint because if mr. Anderson contacts us we're going to say yeah it looks like you have a negative uh ar which is basically a credit that we can apply to your future purchase because what we did is say Anderson came in wanted a guitar we said hey look we'll order that guitar for you but you have to give us a down payment first before we commit to it so they gave us the down payment and now we're going to order the guitar and you have a credit on your books and once we get the guitar we will provide it to you and apply out the credit with Eric music we had a similar kind of situation so we have these negative amounts in here these negative amounts are not exactly correct from a financial statement standpoint due to the fact that we shouldn't have a negative receivable but rather a positive liability however the income statement is still correct which would be the primary form needed for a small business if reporting taxes on a schedule c and if we needed to adjust this for external purposes then we can do an adjusting entry decrease in accounts receivable increasing the liability periodically we'll talk about how to do that in a future course or section now let's complete the process and say okay mr. Anderson comes in we got the guitar and now we're going to sell it to mr. Anderson before we do that i'm going to put one more step in here and imagine that before we made this payment we made an estimate so in the full process you might have Anderson coming in saying i want this guitar we say okay we don't have it we're older it for you but we need a down payment and then the question is well how much is the down payment well you can make a mock invoice and to see how much it would cost and then collect like 10 percent of it or something like that or you can create an estimate which would be a common way to do it so let's go to the first tab and imagine we're going to make the estimate well so we're going to the customers the customer center sales customers and then if i go into mr. Anderson there we have it so now mr. Anderson has a lot of information but that 300 is clearly the outstanding balance which is a credit balance which could be applied to a future purchase such as in our case the invoice i'm going to imagine we go back in time and we first made the estimate so anderson's in our shop saying i want this crazy plaid pink guitar and we're like okay but you're going to give us a down payment because we don't want to get stuck with that thing so we're going to say this is going to be anderson uh guitars let's make an estimate we'll tell you how much it costs and then we want you to give us a down payment so we're going to be like okay uh that looks good exploration date i won't have one and then down here we're going to say the product what does he want he wants an an e p s h we're going to say and for whatever reason he wants two of those we're going to say and then we're going to say that he wants a elp that we're going to have to order or reserve for him particularly and we're like okay we'll save the guitar or we'll order the guitar whatever we have to do that comes out to the 1300 but i'm going to do the generic five sales tax so notice the estimate allows us to calculate the sales tax so we're going to say that's great it's going to come out plus the sales tax at 1365 then i could use this number to then calculate the down payment maybe like 10 percent of that or 20 percent of that or whatever our policy is so that's how we might do the calculation of the sales tax to then make the payment noticing that the estimate doesn't actually record anything this is just an estimate internal form no impact on the financial statements it's similar to another form that doesn't have impact in that that being the purchase order those are the two forms we've looked at thus far that don't actually impact the balance sheet the income statement so let's go ahead and save it normally we would save and send it but i'm just going to save and close it here let's say just save and close and boom i'm going to close that all right so now if i look at mr anderson we can see that we have the outstanding estimate and we've got the payment so you can imagine this happening from someone else that was in the shop that took down mr anderson's estimate and collected the down payment and then a different bookkeeper comes in and now mr anderson has the guitar and we're selling it we we can see clearly what happened here we're like oh yeah you as an estimate it looks like we made an estimate and then there was a three hundred dollars it's a credit that looks like it's going to be applied to the future purchase that we can make from the estimate that was your down payment is that is that right so pretty much transparent it is from the bookkeeping side of things so let's do that now so now i could go into the estimate like i could go into the estimate and say now on on the bottom of the estimate i have the capacity to convert to an invoice so i'll convert it to an invoice and so now we got the actual invoice that we're going to be putting in place the estimate has been pulled in so good thank you i'm going to close this up and it's going to keep on bringing it back i think but we're going to try to close that up on 225 okay so we'll keep that we've got our invoice being created and then it just pulled in the information for our invoice now notice what it did not do down here we have the same look as the estimate did it did not apply out the credit for us so what happens is we're going to record it and then we're going to tie out tie out the credit and go back into it so if this was the invoice i might i wouldn't basically email the invoice as it is thus far but rather record it and then apply out the credit and then we'll have the balance at the bottom noticing that when we look at the balance at the bottom it's going to result in the same journal entry the journal entry just like any invoice journal entry it's going to be saying increase accounts receivable the one three six five for the total amount the other side's going to revenue one three zero zero the difference sixty five going to the sales tax payable and we have a decrease to the inventory not by this dollar amount but by the cost known by the item cost a good sold expense related to us selling the inventory is going to be going up net impact on net income one thousand three hundred minus the cost a good sold and we'll have an impact on the accounts receivable broken out by customer and the inventory broken out by units of inventory so what about the three hundred that's already been given to us well it's already been recorded it's already on the books so if i was to record the three hundred here on the invoice it would just be an informational documentation to to then show the amount that is still that is still due it's not going to affect the actual journal entry all right so let's save it and close it and see if i can explain that further so now we have then the the amount of the one thousand three sixty five of the invoice and then we've got the ununapplied amount up top now if you have the settings sometimes the settings in quickbooks used to be that the default would be applied out basically automatically but a lot of times you may not want it to be applied out automatically so so i can then go back into this one i'm going to say did did it let's edit this view on this credit and if i go down into it now i can apply it out so there's the three hundred i now have the invoice that i can apply it to and so i can say okay i want to apply it to that invoice just like i normally would but now i'm going back into it to apply it out so these two things are connected now so now if i save and close this what's this going to do by the way nothing new in terms of debits and credits it's only internally something that's happening new that the transactions have already been recorded the balance sheet and income statement already impacted now what is happening is i'm just tying these two things together the payment being a tie to the invoice so once i do that then this amount is now closed and i can see on the invoice that it has been part of it has been paid so if i go into it we can see the activity it's open and then we paid it has a payment item there let's go into the edit then if i go back into the invoice this way and then go to the bottom of the invoice you can see now that we have the 300 applied and we have the amount that is still due so again this bottom bit is important in order to give it to the client so you want to make sure that we apply out the credit so when i give it to the client we say yeah you still owe us the 1065 however this bottom bit has no impact on the actual journal entry because that 300 has already been recorded and therefore we that's why we had a negative accounts receivable so when i record this 1365 increase to the receivable and net it out against that negative receivable that's why we're going to end up with this 1065 in our our balance right but i'm not recording this 300 okay i think hopefully that was clear it's kind of confusing but from an internal standpoint you could see everything is basically tied out and you still have this open bit for the invoice which you can now basically collect on what's the impact on the financial statements let's look at the balance sheet and we're going to say that in the a to the r the our account we have then did did did we've got the accounts receivable here the 1365 for the full amount and it's not being decreased by the 300 right that's the full amount if i go into it which i'm overstressing here so from that amount not that amount all right if i close that out and i go back to the income statement and say the income statement i would like to make a statement about my income i want more income that's my income statement okay sales of product let's go into the sales of product and then we're going to say that we had then the invoice down below for anderson of those items so those are the sales price not impacted by the deposit and then if i go back then the difference between those two is is just like normal in the sales tax payable and then we also know that the inventory is going to be going down so if i go into the inventory we can see that it is going to be going down not impacted by the by by the 300 that we've received as a deposit it's not impacting the journal entry and then the other side is going to be on the cost of goods sold so if i go into the cost of goods sold we can see the decrease or the increase in the in the cost of goods sold which is going to decrease the net income net impact being revenue minus the cost of goods sold and if i go into the accounts receivable we'll have the sub ledger for the accounts receivable over here so sub ledger now for the a to the r for mr anderson let's refresh it and you can see it's been removed uh that that amount well we have the open portion of the invoice here's the original amount of the invoice here's the open portion 1065 and if i scroll to the bottom 20 000 426 50 is what ties out to the balance sheet 20 000 426 50 and notice now we don't have a timing difference for mr anderson anymore if i go back over here just note that now we have we don't have a negative amount in here it's only when we have the negative amount before we complete the transaction that we have a problem in terms of not exactly correct financial reporting having a negative receivable for a particular customer versus a positive liability we no longer have that once we issue the invoice because now we have a normal accounts receivable that we need to be continuing to collect on all right so i think that method actually works quite well and again if you have this negative amount you can kind of fix that periodically which we will do in an adjusting entry process in a future course or presentation but a lot of people some people think that that they instead of focusing in on making things easy on the bookkeeper and then making just doing an adjusting entry at the end of the period that we really need to get a system where the financial statements are properly recording this as a liability uh when the transaction happens rather than making a periodic adjustments so we have some workarounds which i think are a little bit more difficult on the bookkeeper but that actually record it as a liability when we make the transaction which makes it more proper from a financial statement reporting purposes as of the point in time that we get the the the prepayment so we'll talk possibly about another method in a future presentation and you can choose whichever one you think is best for you which might be dependent upon the industry that you are in right because you might choose a different like if you're in an industry like this one where we have a guitar and we're getting a down payment on the guitar then i think this negative receivable works pretty well but but if you're in a different system where like you are all of your revenue is is unearned revenue then because you sell like newspapers you have a the lame legacy newspaper sales or something like that or you have software then uh then then maybe that it might be a little bit different because then all of your revenue when you first receive it is going to be unearned and you'll have to then calculate how much of it has been earned so possibly it might be a little bit easier to do a different method in that case possibly but even then i think this method still you know works pretty works pretty well but we'll test out the other method later so here's our trial balance so if your numbers tie out to these numbers great if you're working along if not try changing the date range remembering this is the balance sheet on top of the income statement assets include checking account accounts receivable inventory investments payment to deposit prepayment accumulated depreciation contra asset furniture and equipment and then liabilities who has claimed to the assets the other side of the coin being liabilities and equity liabilities starting with accounts payable the visa we owe the sales tax we owe to the government the loan payable we owe to the bank the payroll taxes we owe to the government and then our portion of the assets in equity including the investment owner investment that's our equity account owner's equity the retained earnings account and then the income statement where we have the credits minus the debits credits our income debits our expenses credits should be winning overall in dollar amount if we have income and not a loss if we squished this down to net income and then added it to our equity account of owner's equity which is the equivalent of retained earnings then we can see that all of this can be squished down to one equity number which is the balance sheet number of owner's equity otherwise known as retained earnings if it were a corporation we can see that by changing the date one day up 010125 to 010125 let's run it and we can refresh it and then you can see that we squished it into one number there hopefully demonstrating that the income statement is a story backing up the bottom line of the balance sheet which if you reorganize the accounting equation would be assets minus liabilities equals equity which would be the book value of the company and the income statement tells you a story about how you got to that position going back say usually a year in time


day two of Amazon prime days is filled with tons more stuff. And I'm just going to give you a preview of my very favorites because I know that everybody is talking about the things that are really the big ticket items, but I have so many things that aren't kind of cost you an arm and a leg plus when they're on sale. They're even more budget friendly. So I'm excited about those before we get started. I'm going to show you what I have on. We do that on this channel because I get asked so much. But if you're not interested in that, go ahead and just go to this timestamp and skip ahead to the actual review of all the products that I'll be talking about today. I will have listed and linked all of my jewelry, my makeup, everything that I have on down in the description box along with all the links to everything that we're talking about. Also, this video is going to be a very rapid fire video where I go over a lot of products in a short amount of time. So yes, I will be talking very quickly, but it should be all kinds of fun. So I'm excited to be able to do that. Let's take a peek at what I have on. I'm just wearing a button down blouse with a little felt flounced sleeve right here and it's kind of a chiffon fabric and I just tucked it in to some of my new favorite jeans which are a pink gene that is so cute. It has three buttons a little bit wider of a waistband which I do like and it does come kind of high waisted. Actually, I would say it was between a mid and high waisted. I would probably size up on this because I think I bought a medium which I normally wear and it's a little bit too tight. I probably would be a little bit more comfortable if I were in a large just so you know that. Let's really quickly take a look at the jewelry I have on and then the jewelry I have on is just this really pretty braided herringbone necklace that is silver and I just really like it. It has a little bit of an extender so you could wear it as 18 inch or I've kind of put it at a 16 inch and then some just cute drop earrings. These are just fashion both of these. They're not sterling silver just so you know that they're both fashion but they're so much fun. I'll make sure that everything I'm wearing for makeup and my rings and all of that is listed and linked down below along with all the products we're talking about today. Okay, let's get into my recommendations for Amazon Prime. Okay, let's just get started into this. I want to show you guys this. This is my new makeup bag. I just barely got this now. This thing is huge. I didn't think it was going to be this big. I wanted to get this because it was number one on sale and yes it's on sale during this whole entire time before we get started. I should probably say that if the sale prices aren't there that means basically that that product has just sold out the allotted amount that they had set aside to go on sale so it might not be as good of a sale as I'm raving about right here but hopefully most of these items are a lot of these items like I was saying are not the big ticket items that everybody else is probably talking about but I've really been excited about them and wanted to bring them to you. So what I wanted to show you with this is not only is it huge I would probably want to get the medium for my everyday makeup. It has two tiers or two compartments on it. You can put this onto your luggage. If you want to do that you can also use the shoulder strap. There's shoulder strap hooks right here on it. So I want to show you that it has all of these mesh compartments here in the top.  It has tons of storage up here big zipper pocket down here for your palettes. I love that about it. Then it has an absolute ton of compartments and those tabs are very easily moved around so that you can organize this however you want so it's custom to what you need and then also this is so big. I've got to set it down a little bit so it also has this flap right here for brushes and I just think that's so great to be able to keep all of your makeup clean from your other brushes and yes this is a good one. I'm really excited to have it. It's a vinyl material so it's not cloth. It's going to clean up really easy. This is really sturdy. I love how sturdy the zippers are on these. I've had several of these bags before and not one of them. I've ever had a problem with the zippers just so you know that I think this is a very well made bag and I think that you'll enjoy it also. I got this specifically for this video because I know that this is going to be on sale and I have recently been trying this and I think it's just such a good teeth whitening kit. I love how white my teeth get with this. I use crest white strips. I still use those you know in between. If I have a time when I really want to brighten whiten my teeth all the way I will just get this one out and this is so good because take the guard right here. You're going to put the guard on to the actual light and then you put this syringe product or the whitening product into the bottom and the top you use the full amount.  It's that easy and this works so good. You can buy the refill so you don't have to keep buying the whole entire kit but I really have been impressed with this and it's been doing a great job on my teeth even though I've been a die-hard crest white strip advocate forever. I'm really enjoying having this particular whitening kit as well and I think that you'll enjoy it too and you'll probably enjoy the price. Anastasia Beverly Hills is usually on sale during this time hopefully these won't sell out of course just about everybody has a soft glam palette. I am late to the party. My modern Renaissance palette has just finally put on me. I've had that almost since the beginning of my channel. So I'm getting ready to buy another one of those. I love her original palettes. I think that they were just classics and I don't think they're ever going to go out of style. They're ones that I would reach for over and over again but I had never gotten the soft glam. So this is beautiful and I'm enjoying every minute of it. Also, I know that her brow is is on sale. This is one of her lip liner pencils such good colors on those. The lip liner pencils are a little bit more stiff than just a regular crayon and that's what I love about them because when I put them on my lips they do last a lot longer than a regular crayon. Here's one of the lipsticks that I wear with it. This is a very very nude nude nude lipstick. I love this lipstick. Let me put my glasses on so I can tell you the colors of both of these days for a lipstick and then dusty rose for the lip liner. They go so good together. I just really love them. Kula. I love this spray. I absolutely love it because when I'm out and I don't want to disturb my makeup but I need to have my SPF reapplied. I can spray this on my face and it doesn't disrupt my makeup. It's for face and I love that about it. Also, it's an SPF of 50. That's fantastic too. This is just something that I repurchase over and over again. I think that it's really good for anybody that's going to an outdoor event that wants their makeup to not get disturbed but needs to reapply their sunscreen several times. This is perfect PMD. This is a great device for being able to deep cleanse your skin. There are a lot of times when I really want to really clean my pores out and I'll use this a couple of times a week. I don't use this every time I take my makeup off. I will just use it a couple of times. I also like this device for it being able to just bring the blood to the surface of my skin. It's really good for a facial massage especially if you have somebody in your house that gets like migraines or gets really bad sinus headaches. My husband really likes this because it does relieve some of that pressure. It has that gentle massage. This is a great tool. It has a bunch of different settings on it. So I think that if you're somebody that's been thinking about this, go ahead and grab it while it's on sale. Lancome. I love Lancome and their mascaras and the Lancome Tint Idol mascara and the eyeliner. I have both of them and I just love them. I love that this has got a little bit of a curve in it. I love that has a silicone brush. I love how this builds up my lashes and lengthens my lashes and that silicone brush will catch each individual eyelash and it will separate them so that you can have a little bit thicker of a look on your eyelashes. I'm somebody that likes both of them, but if I'm going to go for a mascara that I'm really in love with, it's usually going to have a silicone brush and the Idol just builds on itself has great length, great volume. I love this one and I love the eyeliner because it just gets a really fine point as well. It is a felt tip liner and just really like both of these products. Couple times a year I also stock up on my makeup brush cleaner from Cinema Secrets. This is just the quickest, easiest way for me to clean my makeup brushes because you don't have to rinse. It's just super quick drying, very easy to do and as many brushes as I have and I use over and over again. This is the only way for me to go and since I'm almost out, I'm really excited to be able to get it on sale right now. Another thing that has come very recently to Amazon is it cosmetics and Urban Decay and I'm pretty sure that they're going to have some pretty good sales right now, but I know that this two-sided brush from it cosmetics is on sale. This is one of the best brushes for doing your foundation and your concealer.  You know if you need to get at any creases that you might have or whatever with your brushes, it's right there. I love these two brushes. They buff in so well. I always take a sponge afterwards and go over just to kind of even out my makeup a little bit after I've used a brush like this, but these brushes from it are very good quality. I think it's one of those brushes that everybody should have in their makeup bag and it's a great time to get it on the sale right now. Oh, I did forget to tell you about Maybelline Sky High Mascaras. Those are some of my very favorites. This is a time when I buy two or three of them. This is their new primer that is tinted. I really do like this. However, I do just think that I like and enjoy the original formula of the Sky High. I personally think it's like on par with the long comb. So if you're watching your budget and you really want a great mascara, this is the one. Sky High is just such a good one. I've been talking about it ever since they came out with it three or four years ago. It can't it just is awesome. Yesterday, I brought you the ice globes for the eye area and I do love those. However, I also love my ice roller.  If I'm having a really bad headache and I need something to just cool down my body. This helps with my migraines that I get and it covers a wide area. If you have a bad back, this might be something that you love your partner using or if you can reach around, I can't reach around to do it, but I do also love to do this on my legs to help with the lymphatic drainage on my legs. You all know that I had surgery and so that has really helped me through that as well. And the cooling effect during the summer is fantastic. It helps with puffiness for sure on your face. A lot of women on YouTube, they start their routine with this as they're doing their skincare. I think it's just a great way to depuff your face. It's just a great tool and not very much money. I'm telling you, this was very, very inexpensive. Also, if you have never tried anything from Jouer, I just really love this blush that I got from them.  And I think that this is one of the prettiest blushes. Let me see what this one is called. It's called Coquette. I love the packaging. I do think it's so pretty and I also love their cream blushes as well. These are beautiful blushes. I also want to tell you about this frother. This is a personal frother that I use every single day to mix in my collagen into my water because collagen doesn't mix up really, really easily. So it has three speeds on it and I've had it for I think a year and a half and it's still going strong. It will froth your milk if you're wanting to do something like that for your coffee or just a little personal whipped cream. If you want to do that too, this is just a really great little tool and I use it every single day. Also at the last minute, right before I got did this video, I got these brushes and I really wish that I had had a chance to work with them, but they look like really great brushes. There's 16 brushes in here. You get a ton of different eye brushes and you get like five or six face brushes. But this brush right here is very much like a brush that the Sephora collection has and it looks just like it to me and not only do I love that brush, I love how soft it is. This one is very soft as well, but that brush is $30. I think and also if you've been wanting to try that brush from BK Beauty, that is the foundation brush. This one has the same shape as that one does. I apologize that I didn't get this sooner, but I definitely because they were on sale wanted to be able to tell you that if you're in the market for some really good brushes, these do look really good and I have had one brush from this company before it's called Jessup and I have had one brush from them before that I really liked. So I'm assuming that these will be just as good a quality. All right, that's it for today's video. I hope that you did enjoy seeing all of these products. Please don't forget that I do have an Amazon store front where I have hundreds of products that I've tried over many, many years and I put over there that I thought that would be good suggestions for you as well. Lots of fashion, purses, shoes, clothing, all that kind of stuff, several different home goods in there as well, things that I really enjoy of things that I really love. So I hope that you did enjoy this video. Please give it a thumbs up on your way out of here. And if you're new to my channel, I hope that you do decide to subscribe. Usually about two-thirds of the people that visit my channel and watch my channel are people that haven't subscribed. So please press that button. It really does help me out a lot and thank you so much for shopping with me and through my links because it does help me out keeping my channel going and those are affiliate links. So I do get a small commission and believe me, I don't take that for granted. I appreciate you so very much that you do help me out that way. I hope everybody is doing really well. Please stay happy and stay healthy and take care of yourselves and we will be together very, very soon in my next video. Take care. Bye-bye friends.


This week, C&O talks deployment length, C&P preps people for the future, McPon touches on tradition, and a Liberty policy update that gives CEOs more authority. Welcome to our first edition of the weekly wire rundown. First up in a March 9th Navy time story, C&O says the Navy is close to reining in the long deployments of the last three years. USS Carl Vinson is on a 9.5 month deployment, then Theodore Roosevelt has 8.5 months. After that, look for seven months at a CDB the norm for the majority of the fleet by 2017. The C&O and C&P teamed up in the latest conversation with a shipmate, I'm in it too. They got together March 3rd to talk about a complete overhaul of the personnel system. Why? Modernization. There's been no substantial change since the 1940s, so Admiral Moran is bringing the system to the 21st century. The interview also discussed its changes to the BCA, we'll keep you updated as that proposal moves forward. In another Navy Times piece, McPon discussed the research of the full history of chief induction season. I'll warn you, the article gets a touch graphic, but it's still interesting read and goes to show how a change in practice doesn't always mean a break from tradition. Before we go, commanding officers have new authority thanks to a Liberty policy update. Announced March 2nd, CEOs have more flexibility to grant special liberty and establish their own out of bounds areas. The special liberty cap of four days remains, but your CEO can grant liberty instead of leave for things like funerals and caring for stick relatives. We hope you enjoyed our first weekly wire rundown and we hope this video and the wire itself inform communications with your sailors. Reach out on email to give us feedback and questions. I'm MSU and Elliott Fabrizio, thanks for watching.