One day, about 14 years ago, I announced to my friends who were my roommates on campus about a simple but difficult rule. They would have to follow if they must continue to sleep in my room. That rule was, we sleep by 11 p.m. and wake up by 3.30 a.m. or 4 a.m. and read like crazy. Because I forced everyone around me to follow some difficult rules, some of my friends abandoned me.  The truth about life is, none of us can be completely free. In fact, the truly free people are those who discipline themselves not to be free. To be truly free, you have to give yourself some rules to live by, even if those rules are not easy at first. So, in today's video, I will be sharing with you the three life-changing rules I followed every day. And I hope you take one or two of these rules and make it yours. Before I continue with this video, if you're one of the people who have been wanting to know who is behind this channel, I'm now available on my personal channel and you can get to see me, know more about me or learn from me or even download my free books if you check the description box of this video. Now, let's get started with this video. 1. Never use social media in the morning Some of you who know my story know that I'm not a big social media person. I never use Twitter, Instagram or Snapchat. I deleted my Facebook in the year 2017 and only communicated with my employees and a few people via WhatsApp. But that's not all. I still use YouTube. While I don't consider YouTube a social media per se because of the millions of highly educated videos right here, the fact is that there are so many comedy skits and cat videos that can take away your three hours before you know it. I'm like everyone. I like to laugh. So even if I come here on YouTube to watch educational videos, comedy skits can take me away from such videos and waste many hours of my day. So, what do I do? I give myself a simple rule. Never go to social media in the morning. When I say morning, I may never go into social media until you finish the most important duty of the day. So let me give you an example. I am a morning person. I wake up usually around 4am. What I do is very simple. I focus the first 6 to 8 hours of my day on the most important thing I have to do in the day.  My children and wife are asleep for the first few hours. Most people in the world don't call or text you in the morning and your energy level is at the highest. If you can invest those precious hours religiously, you can get more done in a day than most people would in 3 days. And when you think about the compound effect of that in a year, you won't even believe it. Now, let me make something clear here. I sometimes jump to YouTube by 10 or 11am, but that's usually because I've finished my most important duty of the day. Maybe I woke up by 4am and before 10am I'm done with my most important task. Then I can afford to waste one or two hours in a few entertainment before I go back to my desk. Here is my advice here. Use your morning for yourself. Make it a rule or even a religious commandment. Never go to social media in the morning or in the first 7 hours of the day, depending on when you start your day. Because morning is a special time.  Except what other people create actually helps you in any way. Take for example, I have some good teachers I like here on YouTube. Though I don't usually consume their content in the morning, it won't be bad for me to sit down and listen to Seth Gordon or Dr. Jordan Peterson by 4 in the morning. But a comedy skit? No. So, don't give away your morning. It's the best gift any day can ever give you. 2. Sleep early if possible. Think about the story I used to start this video. It was the story of how I forced all of my friends to sleep less and read like mad. Yeah, it was helpful when I was young. But as I grew older, I discovered that sleep is actually an important thing. I used to be so bad in the morning. I used to wake up at 7.30 a.m. and feel like I had not slept more than an hour. I used to have very low energy in the morning until about 9 months ago. I changed something in my routine, which changed my life. And that is simple. I went to bed early. I go to bed by 8.30 p.m. and hope I can catch up with sleep before 9.30 a.m. This rule is so important to me that about two weeks ago, I had a visitor I respect in my home and I knew he needed us to talk till middle of the night. I had to explain to him politely. Please, I need to go to bed early or I will have a bad day tomorrow. I've read somewhere that every hour of sleep before midnight is like two hours after midnight. I don't know how scientifically true that is. But from my experience, every hour I sleep before midnight is as good as three hours after midnight. For example, if I go to bed by 12 a.m. and wake up by 7 a.m. or go to bed by 9 p.m. and wake up by 4 a.m., those are the same seven hours, right? Yes, those are the same seven hours. But any day I go to bed by 12 and wake up by 7 a.m., I wake up like a half-dead man. If I try to work, I can only go three hours before I start feeling dizzy. However, if I can get to bed early and spend the same amount of hours, those days after working for seven hours, I'll feel like I still have the strength to have seven more hours. I'm not a scientist and don't even know whether what works for me would work for you. But maybe you should try it. Try and go to bed early so you can wake up early and see whether that helps you to have better energy in the morning. If you don't trust my opinion, because I'm just a random YouTube guy, would you trust one of the smartest humans to ever leave? Well, Benjamin Franklin said, early to bed, early to rise, makes a wealthy man healthy and wise. 3. Cut out time to learn every day Just yesterday, I was telling my wife a vital lesson I learned about entrepreneurship and that lesson is, most businesses don't grow because their founders don't. It's actually very simple. Your business can never outgrow your personal growth. If you don't grow, your business or marriage won't. In fact, your health won't as well. Personal growth is not personal. It's about everything you are in the world to do. The more you grow, the more everything else around you grows. If you stop growing, everything else starts dying. I know this, so I discipline myself to separate time every day for conscious learning. Some of you who have subscribed to my personal channel often see my library. Hundreds of books you see there are not just for the camera. I love them and take the time to read them. By the way, if you want to know more about me or just be my YouTube friend, you can join my personal YouTube channel at the description box of this video. Back to what I was saying. Any human who doesn't make a conscious daily effort to develop his mind cannot go far in life. I have seen a few entrepreneurs falling into this trap. For example, they start businesses and work hard every day, hoping they will succeed, but they never do. And the reason for that is because they work harder on their businesses than they do on their minds. Jim Ront said, work harder on yourself than you do on your job. This doesn't mean that you have to read for eight hours every day because you work for eight hours. It simply means that you should be disciplined enough to turn off your TV set. Log out of social media, avoid gossip and pick up a book for an hour. Earl Nightingale said and I quote, if you spend an hour every day to learn something about your field, you'll become a national expert in five years or less. Think about that for a moment. So, you might want to ask me, why is learning so important? If you're the only person in your industry, have you have a business that doesn't have competition you don't really need to learn? But because the world is highly competitive, if other people know what you don't, they will crush you. And it's that simple. Now, here's the summary of this video. Because your morning is the most precious time of the day, I advise you not to go to social media or switch on the TV set for entertainment in the morning. Instead, invest those precious hours on yourself. Second, worship sleep. Respect sleep. See sleep is the most important thing and go to bed early if possible. Third, learn, learn and learn for personal growth. Because if you don't grow, your business and life can't. If you are one of the people who want to know who is behind this channel, now you can see me or even have some relationship with me. Simply join my personal channel in the description box of this video. I love you.


So the Lord is here with us in the studio and we believe because God says He is omnipresent He is right there with you wherever you are watching us from you are a blessing. Well that was limitless worship as they catch your breath, they are sweating. That is what God does when you are just worshiping at His presence. It is lovely. Thank you so much limitless worship. Are you guys now ready so that we can catch up? You are still anytime. Well thank you so much for joining us. Thank you. I am so blessed. We are very honored together with the entire team for fornaring us with your presence of course. We bless the Lord. Yes I know before I get back to you prophet There is Albert here. We have Joyce. We have Viola, Jean and Rene. Thank you so much guys. We get back to you ladies later on. I want to catch up with prophet now because I know this is a big group. This is just a small number here with us. These are larger number of people who have not joined us yet but I want to know you guys. You are from Uganda prophet Roni. And the entire team, are they also from Uganda? No, no, just a few. Me, him and my wife. Oh, all right. That is nice. And how did you meet Uganda? Okay, now you came out from a wonderful worship team. Yes, yes. Kido, Kido go na fuduske, yo nge kiswa elia, masi dunia nge. I'm a bit confused, you know. Yes, yes. How did you come together as a team? Yeah, we were walking and then we found each other. I feel like, do you know what prophet? I feel like going outside barefoot that I can also walk and meet different prophets. Yes, yes, yes. But you know, under the will of God, there is a prophetic word upon my life concerning nations. And so I am born in Uganda. That's by birth. But now the Lord called me into Kenya to bring revival into the ministry or you can call it the ministry, the whole ministry of worship. So that's what we are here to do. But also, prophetically, I prophesy so as the Lord leads me. Speaking of prophesy. Yes, yes, yes.   You are not a pastor, you are not an evangelist. No, the five-fold ministry. Yes, yes, yes. Yes, and you just measured into prophecy. Yes. So I was there sleeping and then I woke up. Kama! Ita kutuwa chagil. Yes, so this prophetic, of course first of all, it was more desiring of the Lord for me to be a prophet. I didn't wake up and then I desired I want to be a prophet. It doesn't work out like that. So I remember if I could give you a brief story about it. I remember I was in Brazil. views to travel with the watoto children's choir. These are based in Uganda and the watoto church. That's my former church. So we were in Brazil and I started having these prophetic sensations but I didn't know that they were actually prophetic sensations. I would look at you as Miriam. Then I could actually see certain things playing out and at first I thought these were weird things. But again you know how you can be seated there ya kweja, kukusumка ya kwaan nekata tawadi. Obojini omuja wakin niya, ...jata tawadi mahenuommuze na kwaewi. Kufuze kwa mwitam kyuwa. Ngame 찾uye mahiya. Wap sacreduwe kweni panikia wla kwa kikua, wla yung mtnota na kisha zikia kuwe nehting. Ako wa m meetingu ...v�uji ni zikia kwikto ...izuka kwa wama mwa mwenuza. Kura wakini mwa waka na kwaewi wakisha kifuze mwitam ...kaya kwa mwenuza kwa ya kwa kikuwa yawe na watu, this is what I'm seeing, so we went to the road, the church was near the road and I told him that remember those things I've been telling you, now come and I'll show you now I didn't know exactly what we are going to see but I'd actually already seen it yawe? I don't know how to explain that so I told him that in a few minutes we are going to see Redica And in that trade car, there is a lady about elderly 50s there. So, and within a split of a second, the car came. So he just grabbed my hand, took me back to the church and told me, did you know you were a prophet? So I said, so now how do prophets behave? You see it? So now thank God for him because at least it landed in wonderful hands. So it wasn't actually distorted and what and you know, enter dog trains wrong dog trains here and there. So by the grace of God, he started now teaching me these things, introduced me to this. But then lastly again, long story short, when we're about to go back to Uganda because the tour would be for six months. So we did it in, we did it three months in the U.S. and then three months in Brazil, 2015 that was. So when we were about to go back to Uganda, he told me that now since we are going back, I want to introduce you to a man of God. His name is Prof. Elvis Mbonye, who will actually teach you these things very well because I am not a prophet. So you need to have a hand which is prophetic to teach you, but again, not just in mere prophets around them who are going to distort that which the Lord has really put in you, which we call now the anointing. That anointing that we carry or that I carry is to preserve, enlarge, but also expand, to bring the grace of God. We don't see calamita and then we don't deal with it. Recently I remember during fellowship, I saw something along the road in Amanga and then it's on record, they were there. And then we prayed about it. Other was actually it would have been so so so so fatal. So it's just like that. So walking with Prof. Elvis since 2015 up to now, it's been incredible. If you want, you can also dig deep into him. He has fantastic prophecies that he has actually said before, preserving nations, preserving also individuals at that level. Thank you so much. Prof. Ronu, you should at least have anointing on this show. We need it on this show. Now that's as a group now, as a worship group. You've been together for how long? As a last limitless now. Okay. How long have you been together? So for how long have you seen us? Thanks to Mike and the DJ who introduced me to you guys. Yeah, but of course I need to tell you about now the worship. That was the prophetic before. Yes, so the worship also, I started singing when I was about seven years. Used to sing with my mother who passed on, went to be with the Lord, she died in 1998 there. I didn't see my father, so things happened like that. Now she used to sing what we call in a one, what is called a soprano. And then for some reason I would figure out another voice and that voice was actually alto. Then I began singing, I began singing, I began singing. Then I realized that I could actually sing ten and alto at the age of seven. You see it? So those things, so now again long story short, growing up with Watoto, they are greatly musical. So they shaped that, they shaped that to the extent of now still traveling with the Watoto children's choir, again singing alongside the children. So now when I met Prophet Elvis, when he gave a prophetic word upon my life that was on the 5th of January, 2016. Back in Uganda. He said that I hear a musical sound. So you cut also that anointing and the spirit of God says that you shall sing unto the nations. So and then he said that when he said that there was a phone call I was to receive, so it was to take me now to, now the country is South Sudan. So where I met Doctor Tess if you are watching. So then I met also him. Him I grew up with in Watoto. So then things started shaping up, shaping up one after the other. Now we came here because now there is that thing of nations. We didn't come here, let us go to Kenya. No, no, no, no. The Lord led it just like that. So these people one by one came in, because actually it is anointing. You see anointing always shall attract good things, good people and even to ministers.  Then that anointing shall start to attract all those things, people especially. Even the fans you understand it because scripture says that Siki, the kingdom of God. You see now that's an anointing. And all these things shall be added down to you, people inclusive. So that's how all these people, so we actually have recently just what? We did an album. We launched our album on the 19th, 19th of December, we are there at Pridin. Thank you for those of you that came. We had... Yes, yes. What does it mean? Because it means a different thing in my bag, a single character. Yes, yes. So maybe I can ask some man here. Yes, you know before we get back to the may, I want you to answer that. Okay, I want some man here to answer that. As they gave them my mind, I want you to answer this. Yes, so since the background with it is that I was reading some 115, which you opened with. You were in the spirit. I was reading it in 2017 at a certain church in Rero. So what started dropping, what started dropping, tunes and all that. So immediately everything that I write down, I take them to him. So we get those fine tunes and all that. So since that basically means praise. So I depicted it from some 150. Praise him. You understand it. Praise him. I love verse six. Let everything that has breath. It doesn't say cry negatively and what. No, no, it says praise him. You see, actually that's the cutting edge on every child of God. You see, there is a tendency where we are beaten up here and whatever. So we tend to be drawn into that negative kind of stuff. But now with this song, it will give you that wonderful picture.   No, he's full of praise. Full of praise. He's not accusing you, he's not, you know. So praise him for his wonderful needs, for your life, for everything. Let everything that has breath praise the Lord, not cry negatively. I'll find a question because of time. I really need you to answer this question. Because it will benefit someone. Because our worship groups staying together is very tricky. But you guys have been together for a while now. And I want to know how important it is for one, especially a worship group to prepare for a new year. No, it just began in 2022. To prepare for a new year? Yes, and how did you prepare? How did you guys prepare? Maybe we can learn a lesson or two from you guys. You want me to answer it or? You. You are the leader. Okay. Yeah, give me some water and I'm joking. Yeah, so how important it is, first of all, scripture says that never ever forsake the habit of fellowshiping. Now that's togetherness. As the church, we need actually to come together because actually in that togetherness when we gather, there is power. Remember even the Tower of Babo? Because they were together, actually nothing stopped them. You understand. So there is that power when you come together. So very, very importantly, as a body of Christ, even away from worship teams and all that, we need to be together. Agree on certain things. For the shaping of that particular year, we cannot start now seeing a year of, hey, wait there, there August, there. It is what, no, no, no. We anticipate wonderful things. Actually that's one of the reasons why actually we come together. So now, most importantly, as a worshipper, whatever, because you see God is worship. You see, and he deserves our worship. What else can we do when we come together as a church, as a body of Christ? Yeah? Worship. You understand.  It's just as simple as that. Thank you. And while I was going through our comments, we saw some prayer requests coming and I want to pray with us. Thank you.  There are those that are trusting God for jobs. There are those that are trusting God for financial breakthrough, for marriages, and all other prayer requests. So you can just pray for them and we back with, as we continue with the show also. Thank you, thank you so much. Now, I want you to raise your hands as we pray for you, as I pray for you. Now, by the spirit of the living God, first of all, I kick out arthritis in every child of God, out of children of God, in the name of Jesus.  And right now you are healed in the name of Jesus. Every sickness and every disease, I cast it out in the name of Jesus. Now you are free indeed in the name of Jesus. Now, I cause a rising in terms of jobs, jobs in the name of Jesus. The Lord actually minds about every child's well-being. So right now, receive those appointments. May you be called in the mighty name of Jesus Christ of Nazareth. May you be called in the name of Jesus. Those open up for you. Those open up for you. Now we preserve as well. Those who are moving on roads, traveling by air in the name of Jesus. No accidents in the name of Jesus, in the mighty name of Jesus. Hallelujah. I see that in the name of Jesus. Now the enemy has been put out of the way. Now you are free and free indeed. Your families are preserved in the name of Jesus. Also those relationships in the name of Jesus. In the mighty name of Jesus, the spirit opens your disunning spirit in the name of Jesus so that you can see who is right and who is wrong in the name of Jesus. Now that is for relationships in the mighty name of Jesus Christ of Nazareth. You are free and free indeed. Now you walk in Liberty in the mighty name of Jesus. May you walk with this limitless God who take you into limitless places, limitless wonderful doors in the mighty name of Jesus. Hallelujah. In Jesus' name, amen. Amen. Thank you so much. You are going to lead us with a song and you will be back to share a word. Amen. Any worship song. Yes, sure. Kindly go ahead. Thank you, thank you, Jesus. Thank you. Yes. Wewe Watosha Jesus. Wasta hiri. Hallelujah. We sing together. Wasta hiri. Wasta hiri ewe Bwala Wasta hiri. Wasta hiri ewe Pupuke ya wutuku Oh, Wasta hiri. Wasta hiri.  And we're standing here.


Hello and welcome to this session in which we would look at CPA exam questions that deals with accounting for investment. Accounting for investment is an important topic, whether you are studying for the CPA exam, or you are an accounting student taken intermediate or advanced accounting. Investment is a tough topic for many reasons. One is you have multiple levels of investments. So the investments could be trading, the investment could be considered available for sale, the investment could be held for securities, the investment could be reported under the equity method, and the investment could be a consolidated investment. So that's the first complication in investment. Then the second complication is when you are accounting for investments, you have to know how to account for the investment in subsequent years. So you have year one, year two, year three. Taking those two things together, it's going to create complications and difficulties for the students. So this is where FARHAT lectures come into place. On my website, whether you are an accounting student or a CPA candidate, I strongly suggest you take a look at my investment lectures. I do help you prepare for the exam. I don't replace your CPA review course. I explain the material differently. I explain it as this is the first time you are looking at the material rather than reviewing it with your real quick with acronyms with CPA review courses. Now after you learn the material, the CPA review course will make perfect sense. My material is organized to parallel your CPA review course. So I can add 10 to 15 points by helping you understand the material better. Now what is your risk? Your risk is one month of subscription. Give me a try. You don't like it, you cancel. You like it, you see improvement, you keep me. The potential gain is passed in the exam. And if not for anything, take a look at my website to find out how well or not well your university is doing on the CPA exam. I do have resources for other accounting, finance and CPA resources. Please connect with me on LinkedIn. And on LinkedIn you can see actual people recommendations who took my resources and used it and passed the exam. Like this recording, share it on YouTube. Connect with me on Instagram and Facebook. So let's take a look at the first question. And usually I start with the first question with what I considered easy. Because usually on the CPA exam they start with the easy to a medium to just kind of feel how well you know or don't know the material. So let's start with the first one. The investment category for which investors, positive intent and ability to hold is important is what? So when the company purchase an investment and their intent is to hold it. How do they classify under what category they classify the investment? Is it security reported under the equity method? Is it trading securities? Is it securities classified as health to maturity? Or is it securities available for sale? Now, if you don't know anything, hopefully you can connect ability to hold positive intent and ability to hold with health to maturity. If you did that, you are correct. There's one category that's called securities classify as health to maturity. When you buy an investment and you intend to hold it until it matures, you classify it under health to maturity. And the only securities that can take this classification is bonds, which is that securities bond or debt. Why bond or debt? Because you cannot, there's no maturity for equity securities like stocks. Now, what about the other classification? Trading means you intend to sell it in the near future, you will classify it under trading. And for now, the only investments you can have trading is that or it could be securities available for sale. Securities available for sale, it's not trading. It's not classified health to maturity. Then if it's not either of those, it will be held available for sale. And under available for sale, you could have debt, which is bonds, and you can have equity, which is stocks. And again, those topics I cover in details in my recording at foreheadlectures.com. What we are left with is the equity method. There's another question in this series of questions. We'll discuss the equity method. When do we use the equity method? In the statement of cash flows, inflows and outflows of cash from buying and selling trading securities typically are considered what? So if you are preparing a statement of cash flows, you are buying bonds and selling bonds and you are considered them trading securities. Well, generally speaking, when you think of bonds, buying and selling bonds, you would think, well, I'm making an investment. We would say, oh, it goes under investment activities. Hopefully you are familiar with the statement of cash flows. Otherwise, go to foreheadlectures. Well, guess what? If it's trading securities, it's not an investment. It's operating. So simply put, you are trying to generate cash flow from buying and selling securities to operate your business. So trading securities operating your business. Now, if this word trading, we said it's available for sale, AFS, available for sale or held to maturity, then guess what? Those will be considered investing. Same securities. If you intend to hold them to maturity or your intent is available for sale, then they will be considered investing activities for the cash flow statement. Gap regarding fair value accounting for investment in equity securities would generally apply to an investment when the percentage of ownership of another company is what? So here we're talking about fair value accounting for an investment. So when do we use the fair value accounting for an investment in equity securities? Simply put, we have three percentages, three categories or three points where we have to be aware of those percentages. First, zero to 20%, 20% to 50% and 50% plus. So you need to understand when do we use, what do we use for each method? Zero to 20%, we use the fair value. 20 to 50, we use something called the equity method and the equity method, I cover it in details on my website and you need to know it very well. And anytime we own more than 50% of the company, we consolidate, we use consolidation. And I have a whole course called advanced accounting when it comes to consolidation. And this is also covered on the CPA exam and I have a whole course called advanced accounting if you're taking advanced accounting. So simply put, when do we use the fair value? We use the fair value when you generally speak and when we own less than 20% of the company, therefore we report our investment at fair value, at fair value. Unrealized holding gain and losses on debt securities classified as available for sale. So we have what type of securities are we dealing with that? How are we characterizing them, categorizing them available for sale? So here we are dealing with debt securities, the type of the securities is that bonds, they are available for sale and available for sale, not trading, not held to maturity. So we'd have the following effect on accumulated other comprehensive income. So simply put, when we have unrealized holding gain on losses on these type of securities, how do they affect the comprehensive income? And you have to know a lot about comprehensive income, accumulated comprehensive income. Well, what do gains do? Well, what do gains do? Gains going to increase your comprehensive income. So immediately I would eliminate two choices. Would losses also increase? It cannot be as long as you know that gains increase your comprehensive income and losses decrease your, I'm sorry, let's be more specific, accumulated other comprehensive income. It means the answer is D. So simply put, if you have gains for a particular year, it's going to increase your accumulated other comprehensive income and specifically unrealized gain. And if you have unrealized loss, it's going to decrease. Therefore, the answer is option D, D as in David. Let's take a look at this question. Adam Corporation purchased debt securities during 2021 and classify them as available for sale. So we're dealing with debt securities available for sale. Remember, we could also have equity securities available for sale. But here we are dealing with that. We have the cost for each security and the fair value for each security. All declines. So notice this went up, this went down, and this investment went up. So we have three investments. All decline are considered to be temporary. Okay. How much gain will be reported by Adam Corporation in December 31 2021 income statement relative to this portfolio? So simply put, after you compute your portfolio gain or loss, the question is how much do you report in the income statement? And this question is really tricky, tricky. And basically, if you know the answer, you should know the answer. If you understand the material, you just, this is easy questions. Let's answer it 10 seconds. How much will go under the income statement? And the answer is nada, nothing, nothing. Why? Because if you have available for sale, gains or losses, unrealized gains or losses. Well, those goes to OCI. They don't go. They don't go to the income statement. The trick here is to make you compute the gain or the loss. Basically, you know, look at the gains, you have gains here, you have losses here, you have losses here, net them out and find the answer and say, well, the loss will be, you know, this much and it will go under the income statement. No, it doesn't. It will go in OCI. Available for sale, the question is income statement, nothing, zero. This is a typical questions on the CPA exam. You know the concept. All you have to do is know the concept. It will take you 10 seconds. Available for sale, income statement, don't go together, zero, come done, move on. Let's take a look at this question. Okay, let's take a look at this question. Adam Korp purchased 1000 bonds of good corporation in 2018 for $800 per bond and classify them as securities available for sale. The bonds available for sale were dealing with unrealized holding gain or loss on the balance sheet. The value of these holdings were 400 on December 31, 2019. A year later, they lost half of their value and 300 by December 31, 2020. They even lost more by the end of 2020. During 2021, they sold all the shares for 350. All right, let's see what the question is. If Adam record unrealized holding gain or losses up to the moment of sale. Okay, what would be the amount of the reclassification adjustment that Adam would record upon sale? Okay, I think for this question, I will need to snip it. There's going to be, there's a lot of work to do here because, because, you know, we bought them in 2018. We didn't sell them in 2021 and they're asking for, they're asking for the reclassification adjustment. So, okay. So, okay, let's do this or I'm going to do the journal entries because that's the best way to understand the counting. First, we bought the bonds. When we bought the bonds, we bought them at, we bought them at 800,000. So, we're going to have, we're going to debit investment held to maturity, 800,000, credit cash, 800,000. Fair enough. Now, a year later, those bonds lost half of their value. Well, lost half of their value, it means we're going to have to have a fair value adjustment account and unrealized holding gain slash losses equity. So, this is the balance sheet account. Okay. So, the first year we lost half of the value. Well, let's do this. Okay. This is zero. So, the first year we have 400 negative, negative $400,000 of losses. We lost negative 400K. So, if you listen, if you go to Farhad Lectures, you understand you're moving to the left. The left means you are experiencing losses. So, you have to book losses of $400,000. If you are moving to the left, you're going to credit fair value adjustment because the previous balance is zero, because this is no investment. We're going to credit fair value adjustment, $400,000, and debit, the balance was zero, debit, unrealized holding gain losses, $400,000. Therefore, the balance at the end of the first year, $400,000. So, this is the adjustment for the year 2019. Now, a year later, 2020, we lost an additional $100,000. It means we moved to the left further, $100,000, and this is year two. Year two, what we're going to do, we're going to move to the left, it means we're going to credit. It means in total, now in total, in year two, in total, this is year two, we have negative $400,000. We're going to credit. We moved $100,000 to the left. We're going to credit fair value adjustment, $100,000, unrealized holding gain or loss, another $100,000. So, by year 2020, we have half a million in losses by the end of the year. Now, they're saying we kept track of our unrealized holding gain or loss up to the moment of sale. Well, up to the moment of sale, it means by that time, we moved back up. You remember the price recovered $50. The price recovered $50. Therefore, we're going to move to the right, $50,000. Why? Because we have $1,000 shares, $50,000, $50,000. So, what we do is, first, we have to make, we have to adjust the portfolio because we're adjusting it up to the time of the sale. So, we're going to debit because we're moving to the right, $50,000. The balance, the minute, the second before we sold was $450,000 and available for sale and $450,000 credit and $450,000 debit and unrealized holding gain or loss. Now, what do we need to do? The first thing we need to do is we need to close fair value and unrealized, reclassify and close the reclassification adjustment. Therefore, we have to close this, close this. How do we do so? Well, what we're going to do is, we're going to obviously debit. We're going to, well, let's do it on a T account. Let's use a different color. Let's go back to see if I can find a different color real quick here. Let's do red here. Let's do black. Okay? So, we're going to debit this account $450,000 to make it go down to zero. And we're going to credit, move this to the reclassification adjustment, basically also make this account zero. Now, we sold the investment. Now, we sold the investment. So, we haven't even answered the question yet. Well, let's see if we did. A debit of $500,000, a credit of $500,000, a debit of $450,000 and a credit of $450,000. So, the reclassification is a credit of $450,000. But let's go ahead and journalize the entry of the sale, although they're not asking us, but they could ask you about this. So, the cash that you received from this transaction, $350,000, you have to credit investment held to maturity, $800,000. And now, you actually debit a loss, a credit, debit a loss for on the investment for $450,000, for the entry to balance in this way. You took it out of the unrealized holding gain or loss, and this became realized. This became realized. They're not asking us about this. They're asking us about what's the reclassification adjustment. It will take a credit. It's a credit of $450,000, a credit of $450,000, the reclassification adjustment. And the answer will be, will be D, D as in David. Again, at the end of this recording, I would like to remind you that if you are a CPA candidate, to take a look at my website, foreheadlectures.com, these are not easy topics. Especially the last questions you notice, you have several years of fair value adjustments. You have to be very comfortable with these topics. Now, on the exam, it's not difficult. On the exam, they usually ask you about the basics. I will be shocked if they'll give you a multiple choice like this. And if they do, it means you are doing very well on the exam because this one, this multiple choice, as you notice, we went through one, two, three, four. You didn't have to go through the four. We really went through actually four, four, because year one, year two, the third, the reclassification, well, yeah, three, three. So we went through three transactions to find the answers, three adjusting entries. I doubt that they will give you on the CPA exam questions like this, but hey, if you know this, you'll be ready to answer their questions. Again, my resources are aligned with your CPA review course. I don't replace your CPA review course. I can only help you increase your score. Good luck, study hard, and of course, stay safe.


I want to move on if that's okay over to another part of your life which I do know a little bit about which is the online mail self-improvement community. I hear that you were part of that community. How did that come about? Was it sort of the red pill stuff or the dating advice base or a mix of both? What sort of part of that were you? Yeah so again I have to repeat that I'm old so for me it wasn't even called red pill back then. Back then red it was simply called pick up. Back then red pill used to be something that is classified now as conspiracy theories basically so red pill was anything that goes into establishment what is the truth of 9-11 etc etc there was red pill and yeah the dating advice was simply called pick up and that happened when I was still 19 early 20s. I actually picked up a book right and it was. That's what the book was? Yeah I'm thinking the first one was a German book actually it was called Lop des Sexismus which means how do I translate this? It means honouring sexism basically right and yeah it was mainly about what it means to be a man what it means to be a woman however it absolutely fits into my worldview during that time because I wasn't very religious and I started believing in evolution, Darwinism, biology itself due to bodybuilding basically so I thought okay we are our bodies and this book was very evolutionary so I was speaking about the men as the alpha male what kind of attributes he has to have in order to attract women and males are made to procreate with as many women as possible marriage is a construct etc etc so after reading that book with 19 or so I got totally brainwashed and yeah I was just bodybuilding I was this very very buff dude at that time I was 115 kilograms super huge and I thought okay I'm on the right track here this is what we're supposed to do we are we're taking our body we're enhancing it to the very max we're making it as masculine as possible and now I'm just gonna go out and conquer the world you know get as many women as possible that was the idea and conquer the world as many women as possible yeah that was really the idea back then and yeah I read a few other books so ultimately the dating advice back then was very juvenile there was a bunch of nerds that were writing those books to be totally honest and they didn't really had any social skills so therefore they tried to sneak into conversations with women for example they would ask them super dumb stuff you know I do you brush your teeth before you floss or do you floss first like some random stupid question and then you would get into that conversation and I felt right away that this is just not really what I want to go after so I gradually progressed and there were other dating advice out there as well during that time they were more aggressive so you have to be assertive and all of those things so long story short it was even before it became an online community there were books circulating everywhere and I met up with people from America from Croatia I remember the UK and would even meet up just to pursue women you know so we would meet up in different countries as well and do that and yeah during that time I mean as a 20 year old it is gratifying in the short term of course you know I mean eating a cheeseburger is gratifying as well but in the long run you get a heart attack and you get fat you know so therefore of course there is something to it that will trigger your dopamine that will make you feel better otherwise nobody would go after it right if there was no pleasure associated with it then it would be easy for us to abstain from that nowadays of course I understand that that was sinful that there was meat chasing pleasures but back then I didn't understand it and as I said I would blame it not necessarily on the red pill movement I would blame it on a godless society because if you don't have God at all then you have as I said an evolutionary framework you have a Darwinistic worldview and if you have that then all you got is this biological monkey that evolved and so why would you then adhere to any type of morals why would you even care about anything of a higher value higher purpose that doesn't interest you whatsoever especially not if there is no afterlife and the lamps go off right the lights go out and yeah everything that you live through is essentially nothingness it is nihilism right everything that you did good or evil does not count so the only real that you can grasp onto is your pleasure that's it there's literally nothing and that's why they tell you yolo live in the day you only have one life whatever and that's all you got especially is a 20 year old that doesn't look any further right and so for me it made sense okay what do I got I got a body so I do bodybuilding what else do I got I got an evolutionary framework without God okay so what am I supposed to do as a man I'm supposed to procreate with as many women as possible okay I do that then so then there's only one link missing here I need money to sustain that lifestyle so I can start selling drugs and that's what I did so this was my matrix my trinity of absolute degeneracy but I can understand myself I can't even blame myself because I was a product of that society ultimately you know the older we get we have to take responsibility but I see that in this day and age now even worse than during my times there is no other option given to the you you know and of course we as Muslims believe that Islam is the solution to all of those problems it's really sad I see so many people going through this oh we've lost you okay yeah that's okay we've seen we see so many people go through this recently especially men because men currently don't know how to be men so they fall into either you know the trap of this of being part of drugs alcohol women or they fall into the trap of becoming women you know that it's just like two options really that they have and then women now want to be men they want to be feminist and they want to run the world and it's yeah it's sad but I can understand how they fall into that because like you said if they've got nothing else they have no faith and faith having a faith is not cool right now and so they become like this because this becomes their god and this becomes what they want to be absolutely yeah sure but moreover I trace it back to weak men you know we as men we have to take full responsibility because the red pill movement why I personally don't don't agree with it whatsoever is because there's one major flaw right they say okay look at all those women they're promiscuous show me your body count they go from man to man and of course that is very demoralizing for a man of course we as men ideally would like to have a virgin sure however the red pill enables this so you say women are not allowed to be promiscuous I agree but if you jump from woman to woman then you make them into women that are promiscuous and yourself included right so this is where it does not work the ideology is not congruent you cannot tell me that all of those women do something wrong but you're engaged you're enabling those women to do something wrong so for example if you are against pornography or you're against prostitution there could be a million of prostitutes out there if nobody would go there and enable that business then those prostitutes would be prostituted by name but not by action it would be possible because nobody would engage in that business right and it's the same thing with the dating scene so if you're against that then you cannot be engaged with it and that's what I understood later in my life as well you know I hated this degeneracy and this is what the red pill talks against look at this degeneracy you are part of it directly you are creating it you know so yeah once you understand that you see how flawed this ideology is and therefore the only solution yet again which Islam offers here of course is sex after marriage right it is weddings it is marriage and yeah once men understand that and they cherish and respect women that are staying virgin or are women that actually want to get married and do not go to those promiscuous women then it would die out but as long as men are weak and fall for such women then they're just enabling it and women ultimately in this day and age they don't understand it because they don't understand what the true nature is of course the woman wants to bind the man to her of course she wants that that is her role that is purpose she wants to bind the man to her she wants children of that man of course however nowadays this is mistaken with attention and the woman doesn't understand that what she really wants is to bind a man to her and get kids in such a things are just quick attention will fix this and then they do it during the 20s and then the 30s they are shattered I have so many past girlfriends if you will that I absolutely shattered in the 30s now and I'm not saying that to be funny here is really the case now they're dog mummies you know now they're buying a dog and men are evil and we are feminist etc etc etc you know but nevertheless we as men should take full responsibility here I believe because the woman will follow and we as men we have to become strong and return to God first and lead the society and abstain from those sins first and foremost because if we abstain then there is absolute no degeneracy to commit so do you think that's what the solution of our society today is is that men coming up to Islam or just to God in general and becoming men again do you think that's what the solution is to


Good evening and sorry to hold you back after a long day's discussions, but we will keep it very brief. The objective here is to introduce you to a distinguished guest who is visiting us today. Professor Pradeep Verma currently works for MHRD in the national mission. In fact, he was one of the conceptualizers of the national mission. He has come to IIT Bombay primarily in the context of discussion on how to take the Akash tablet work for their future, but also about the other projects that are going on here. When I told him that we have this workshop going on and we have our 50 enthusiastic senior faculty colleagues who want to take computational fluid dynamics across to the country. So, I just thought we will have a small chat. Please feel free to I will request him to say some few words opening remarks on the nature of the work that he does and what is his own conceptualization of the dream over the next five years. Where does he want to see the Indian higher education system to go and then we would have a brief interaction, any questions from you etcetera and then we will wind up may be another 20 to 25 minutes I hope. So, by the way also let me tell you he is a teacher with a difference. He comes to teaching line from a huge work in Indian IIT industry. So, he used to dabble with large IIT systems. He was at one time head of Asia Pacific and Middle East for a company called Mises. I do not think many of you would have heard that. Mises was a high end banking software which before the emergence of things like Finackel from Infosys and iFlex before these systems even came up. Mises was the most used banking software in the world. He used to head that group here. But somewhere the teacher in him said I must get out. He has been teaching at Terry, has been teaching courses in management at IIT Kanpur, Delhi, MDM Gurgao etcetera. He is a primarily a management expert not an engineer like us. And as I said for last several years almost right from the conceptualization of the national mission on education using ICT he has been involved from the conceptualization to detailing and continues to be involved So, good evening. I as for Safarak said the intention is not to take up your time unnecessarily. I am primarily my main interest today is to hear from you your experience about this workshop and if there any questions about the national mission on education or about Akash. Akash have you heard about Akash? I do not think there is anybody in the world who has not heard about Akash by now. So much has been written and spoken about it. So Akash is that low cost access device which is being designed and manufactured in India by and for the government of India, the Ministry of HRD. It is a project that has been funded by the Ministry of HRD by this national mission on education through ICT. And Akash is the project that is now going to be handled by Prasafar Thakur Prasak Anand and IIT Bombay. So we have great hopes of our vision in the future regarding Akash being actually worked out and brought to reality here at IIT Bombay. Are you aware of the national mission on education through ICT? Are you aware of NME ICT? Some of you are. So that is great. So I will not waste or spend more time talking about NME ICT unless there are specific questions. This format of the workshop that Prasafar Thakur and his team are doing is something that is proved very useful and that is the feedback that we are getting from across the country in all the workshops that have been held. So I would like to hear from you what has been your experience. Basically I would like to thank you NME HRD and the entire team who is behind this project. Basically the main or the very prime, what we can say, we get the opportunity to interact with the very eminent professors from IIT. Otherwise we are staying at very remote places and from our busy schedule or our daily activities we do not get a chance to come to IIT and to interact with them for a period of let us say five days or six days and they are really stalwarts in their respective fields. So that is the very important advantage we see that we have got from this project. And the teachers who have already gone through this, either we have conducted two workshops at RA in lab thermodynamics and heat transfer. So teachers are really very happy and for last two workshops there were around 35 people, 40 people enrolled at my center. And coming to College of Engineering Pune and this time this is a computational fluid dynamics. It is a hot topic. So we expecting more than 40 participants in this time. So are you in touch with those teachers who go back to their colleges by chance? Do they touch base with you or their relationship is only transactional once they come? They go away. No, no. They are eager to attend the next workshop. So almost 90% of the people who attended thermodynamics, they came back for heat transfer. The only request from their side is that we had a workshop about lab thermodynamics heat transfer and this time computational fluid dynamics. So people from design stream are really expecting some workshop. So until you can carry back this feedback. So I have a question. You say that many people would have already attended in the past. Do you think it will be possible for us to ask them how they have used the previous courses? Yes, definitely sir. That whether the students benefited? Yes, yes, yes. They benefited or if they could significantly improve to their normal teaching methodology by attending this workshop? Yes, yes. At the end of the day that is what is important, isn't it? Yes. What about you? You yourself have been involved? Yes. Now when you teach courses at your place, you must have been doing it continuously? Yes, yes. Do you find that there is a subtle value addition to you yourself when you teach those courses? Yes, of course sir. I attended the workshop by professor Gayathondi. So that gave me entire different insight about thermodynamics. So whatever we are reading from the books and etc, etc. So entire different flavor he has like first law of thermodynamics. He had taught us very different way. Of course, every 100 percent we cannot transfer it to the students because whatever the kind of students we get they may not digest that kind of concepts whatever he taught us. But definitely now we can teach them in different aspect and there is a lot of improvement in our knowledge, in our teaching. So it helps a lot sir. It helps a lot. Please, thank you so much. I would just also like to mention now that he has let the cat out of the back, I was avoiding mentioning that we may be handling the Akash project because formally we had not. I am just told that today the minister has made an announcement in parliament that the project will be handled by IIT Bombay now instead of IIT. So what I wanted to tell you is one of the suggestions which I have made of course that we have to be discussed with Hemachari but I have discussed it with him that we are also expected to do field deployment test of Akash. Now one of our objectives is to try and put SILAB on Akash. The second objective is to give access to educational content such as video recorded lectures and other etc. etc. using Wi-Fi connectivity. Now one of the suggestions I have made is that each of the remote centers of this program which is constantly in touch with 50 other teachers and they themselves conduct these courses in their own institutions should be given 100 to 150 Akash tablets for actual field testing in one of the courses which they teach and preferably that course should be one of the courses for which you have coordinated here etc. etc. and then in that particular subject that you teach we would expect to use the Akash tablets in the context of enhancing the educational value and of course we will leave those there. What will be expected is during such workshops in future when they are conducted which will be during vacation time you will make those tablets available for participants of that workshop remaining academic year you can use them it's not a very large number but do you think you will be able to use them effectively any other comment yeah yeah. So just to add to what Prasad Fata said the objective of course is to help you in by giving the Akash tablet is to help you in your own teaching as he said but from our point of view one major objective is also to get feedback on the tablet. How have you used it what problems did you face and what is particularly interesting in a group like this is it's from different parts of the country so we want feedback on usage in different climatic conditions some of you are from places where it rains a lot some of you may be from places where it's there's a lot of dry heat say Rajasthan or something so in different climatic conditions how does it respond does it freeze does dust trouble it does high temperature or high humidity although we will have done all those tests in the lab it will go through a series of lab tests but actual usage is something else and that is what we want to understand also you might like to you know give it to some of your students for an hour or two hours because the way a student would use it is different from the way a teacher will use it a student may want to you know maybe play a game and see how it works or something so all that feedback is of great value to us and that we will set up a system where some kind of feedback form and all will be there but that my request to you is to enable us to get that feedback and that feedback will cycle back into the next development around it's critical thing that you'll the role that you will do I just wanted to give them the good news that we are planning to give them the amount of work that they will have to do will be specified later but then this is the standard IT style and they are all aware of it the quizzes will come after good lectures so another aspect is that we also want some students from your own company science and IT department in conjunction with you and other colleagues to actually develop additional applications additional contents etc that's why I suggested the number 150 that about 100 would be used in a course that you teach so those hundred units could be given to those students for that semester and we'll even put the attendance application please conducting application etc but 50 should be preserved for given to be given to the final year project students who will do projects on additional applications of content that's the idea so what was a content suggested is let's use this approach quickly to get some more feedback like our friend gave from the experiences of other centers like he's from Pune is there somebody here from some yeah my name is Karthik I am from Amruta school I connected thermodynamic workshop as a coordinator and I started my career I just want to add this point to what he said when I started my career even though I read M Tech with a good score I came out from my college I was stranded how to teach thermodynamics when I went to my colleagues or when to my senior teachers they said something but I'm not sure but because of this conference what we had in last June some of the new faculty who joined their profession they got opportunity to interact with person like 828 so they understand how to teach then the way in which they have to take a subject and those things are not available to few of us here and I think we have to appreciate and we have to vertical as a reciprocity of love we have to thank M. H. R. D. for giving this opportunity to the professions who are going to join faculty are going to join this profession and then some of the newcomers in other institutes thank you that makes an important point you believe that the newly recruited teachers could benefit the most because at the initial days itself they get some inputs you agree with that so maybe then when we select teachers for this workshop there's going to be the last fully funded workshop subsequently we are all reverting to a model of partial funding so I'm going to put all the remaining money I have to use on this that's why I suggest that some 2500 teachers etc could attend but spread this news large and why and maybe when we select people just instead of using first come first serve basis we could apply some criteria and you make you some feedback on what could be that criteria for example we could give priority to new teachers ordinarily we have been insisting that they should have two three years experience of having taught that course or maybe we can make a sort of balance between both you think that will be a useful any other comments please my name is Praveen Sarudeh and I'm assistant professor in R.C. Bhatt Institute of Technology Chirupur it is a actually in Bray it's a tribal area actually it's a north of Maharashtra and whatever the cycle level team is doing it's exactly that we required actually in that remote area we need such talented people that we need to listen there properly I have attended that Gautam Nisar's thermodynamics workshop and we feel that the person having a near about age of 60 has a stamina of teaching eight hours of non-stop and we feel that we should be like him and it's our comment that if that be like a Gautam Nisar that we should be like him that's a it's a very good thing that a clever team is getting out I would like to add to the point which he has raised it's not only the stamina it's a style of teaching also which is very important and I have attended thermodynamics I have attended heat transfer course and now attending the way in which the IIT professors deal with the subject I mean their methodology basically they go in a quite slow I mean slow fashion and they they are never in hurry to teach their name they never I mean disappoint the question to the person if he comes up comes up with a very maybe a simple questions even the simplest questions are answered enthusiastically by the teacher and that is the kind of quality which normally I mean after having a fight and years of experience also which way which we were missing I mean we were not having those kinds of qualities to deal with the questions or the methodology so I mean they are always cool and in a cool fashion they go ahead so it becomes very easy for us to digest the concepts that is very important thing which we learn from these workshops especially. When you attended from remote center you were using I think AVU for that interaction so from your experience there the audio visual quality of interaction etc was good enough for you. There was some problem with the audio actually that I have already talked to Mr. Madam and actually I mean there was kind of repetition in the voice but that can be taken care of I mean even it's a important point that you may what I propose to do is so far we have been having interaction with the faculty members of relevant courses what I'm planning is a two-day workshop specifically for the technical people that you are in so we'll call them here we'll give them TADA we'll house them here for two days and we'll have a intensive interaction with our video audio video team because there are small nuances which make all the difference and sometimes they don't take care of the proper equipment or proper setting so perhaps that remote training has not been working so perfectly most places were comfortable I asked this question because it has to be perfect at every place you see for those 30 teachers who assemble at your point your your place for them they are attending a course at IIT Bomb so they would expect because the same kind of clarity that if they were sitting personally so this is a important point that even if there is a problem with the audio at one place it is actually replicated everywhere yes yes so that is a good point and we'll definitely take care of it. I am Abdul Samad here from Hyderabad, Andhra Pradesh and I'm from Mufugamja Engineering College I wanted to say that particularly in Andhra Pradesh there are plenty of colleges like last recent seven to eight years back we are having more than five to six hundred colleges and many of the teachers like they are youngsters like so I felt that after like attending many of teachers these programs they are like learning a lot the methodology of teaching the method of teaching and all and apart from that I wanted to appreciate the introduction of that model which IIT Mumbai have introduced with that I can say that like a teacher who questions so all the person those who are related to this model they are like in a position to understand and they are learning a lot so I appreciate this model is helping a lot to all the teachers those who have attended. Thank you. I would suggest that you convince Mufugamja College to introduce model as a standard feature for managing all their courses that's what we do in IIT. But the important key thing is that you know a complete distance education where teachers talk from here and occasional questions are asked by people alone would not have been adequate it is proving useful because people like you are taking care of conducting the labs and tutorials in the afternoon because that is the group work which is done by those 30 35 people and you will agree that while I may learn something from a lecture but I assimilate it only when I practice some problems in the tutorial or do some lab experiment and those cannot be conducted in distance that is precisely the reason why I thought of this model where it's a mix of this conventional classroom model plus the best faculty members so you believe that the model is working that is your labs and tutorial sessions etc can be conducted we have been running another program you can think of it as a supplement to this kind of a course is called ask a question where we meet the students we have done it only in electrical engineering because electrical engineering department was the most enthusiastic of all to participate in this project students post their questions on a forum and the questions are answered in the forum but for one hour every day a one hour a week faculty members come in fact it happens every Thursday it might even happen tomorrow at 4 o'clock 4 to 5 by the electric engineers where the faculty members actually answer the questions posed by students and the students can it is also possible for students to ask live questions so both are possible so it is only answering questions of students and students can connect from anywhere using the same software a view do you think such a thing will be useful for mechanical engineering no not just two of them everybody everybody yeah and of course in the future as we go further in this the experts can come from various parts of the country experts are not restricted to IIT Bombay they can come from other IITs in 90s your own colleges somebody who is very good in fact one of the one of the points that we had I wanted to share this with you when I spoke to you or when I speak to you on 16 but the fact is this ask a question program can be conducted after all when you conduct a class you are actually conducting ask a question problem but can you do that for those 30 35 colleges from which teachers have come to you and can you use AVU we can help you in setting up the AVU mechanism and those colleges or students who have internet facility you can run an AVU session yourself so if some of you would be interested at least to try this out so not every Thursday or something but you can say once a month we'll try it on a trial basis so questions in let's say these three courses or whatever you may name them and you may say that students from those regions where they have AVU connection in fact it is not regional because once you have a AVU connection we'll identify you as a particular server class and then anybody in the country can ask you a question even I can ask you it would you be interested in running such a thing and it need not be a single teacher from a single college a few of you could come together and say okay let's say we'll answer these questions in either about from Monday or some other place another day but the idea is to spread this philosophy of greater interaction between students and teachers in fact Mr. Sinha had asked me to create a list of hundred teachers across the country out of nine thousand who have participated in our workshop so far who would be willing to come and as the students and ask you think such a possibility exists try and explore it when you go back and those of you are interested on the same model you put up your comment saying we're interested we'll carry it. So thank you very much thank you for spending and half an hour extra on this but we got some very useful suggestion and I take this opportunity to thank Mr. Pradeep for personally coming here and spending his time. Let's give him a big hand.


We apologize for the lack of audio in that report. A 20-story hotel building under construction has collapsed in Asaba, the Delta State Capitol. According to eyewitnesses, the incident left about eight persons injured. The multi-billionaire hotel building located directly opposite the Delta Mall collapsed on Thursday evening. Now the sin of the incident has been cordoned off by officials of the State Emergency Management Agency and Security Operatives. Benoit, the Commissioner for Urban Renewal, Yifani Anoka, who spoke with newsmen after a first-hand inspection said no casualty was recorded. It's a building defect. And the ministry is still investigating. The government is already taking measures. As you can see here, the building, the component has been sealed. So until after our investigation, they will come up with what happened here. We'll come up with a report. Any casualty? No casualty. What are the components of the injury? No injury. What are the components of the injury? I think it's the first floor, the side of the first floor. Yes. We will tell us what was the cost of the report. Like what I told you before, the ministry will investigate what happened here today. And after the investigation, we'll come up with a report of what happened here today. Hello. Hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.


Hi everyone, Joe for jaspyscasebrakes.com coming at you with 2022 tops. Clearly authentic baseball 20 box pick your team number four from jaspyscasebrakes.com Really nice break Hopefully get some train whistles out of here. It's possible. This is the last case in the store for now I think personal breaks rock through some cases. We rock through a bunch of our cases pick your team style So we appreciate however you did it. Thank you. Now those little rooftops next your name That means you won those teams in the filler And Kenneth ended up with last spot mojo with the Pirates Thanks everyone. So this is our last case in the shop for the time being but I would imagine I don't know haircut's pretty fun not super expensive. So relative to some of the higher-end products We've done recently and all the different sports. So Wouldn't be surprised if we get a little more So keep an eye out on the website for that back there. All right. Good luck Paul Canerco I wish the Dodgers kept Paul Canerco, but that's White Sox edition that will go to Chase not numbered Chase, but Paul Canerco Red ink Auto Jack Flaherty one of one man. I wanted some train whistles. Here it is That will be for Stephen Kay and the Cardinals Won the spot in the filler gets the Jack Flaherty red ink one-of-one tech edition Kind of give the their see-through cards are clear card So it's kind of good to get the contrast with the filler card in the back Stephen Kay all aboard the big-head Express I say he's a local Yeah from Burbank, California Went to Harvard Westlake think along with Lucas Geolito and One war guy that's maybe on the braves. I think there were a few years of parts I don't think they really ever played there. They're not always on that rotation together, but one might have been JV and the other guy was a senior and then For a freshman or something like that. I don't know. Anyway, 33 out of 50 Jaren Duran Jonathan Kent with Jaren Duran Duran and a Nolan Aronato for the Cardinals four out of 50 Another one for Stephen Kay and the Cardinals Bo Jackson this guy knows Bo Jackson That's gonna be for Chase and the Royals Hyunjin Roo for the Blue Jays That is for Toronto Chase and the Blue Jays nice Daryl Strawberry for the Mets the straw man 56 at a 99 Like the different color on the old wood frames that they're working with here for the parallels That looks pretty cool That is for Joe Ivers and the Metropolitan's next box Rex would like to see some random player breaks Yeah, if we get some more cases and if people are buying these pretty consistently we might have we might experiment with some different Different styles. There's Greg Diegman For the Cubs that's going to be for Chase won that spot landscape mode it is Ronzie Contreras rookie autograph for the Pirates 29 out of 75 And that's also for That's for Kenneth that is that's Ken with last bottom mojo pirates Last bottom mojo 70% of the time hits 100% of the time He's all making the trash can nice Matt Olson For the A's That's going to be for Jonathan Ken with the athletics next box a redemption. It's Autograph red parallel Julio Rodriguez Julio Chase picked up the Mariners straight up And gets rewarded with that Julio Rodriguez nice congrats That red ink's got a pop too, right? I like the way the red ink looks on this On these clear on the clear stuff. I know sorry Oliver I was actually going to suggest you should probably buy him in the next case, but Chase Snagdom Will the thrill 74 out of 99 That'll go to the Giants. That's going to be for Sean Healy Chasing finally I bought the M's in 11 straight diamond icons Went over on that but rewarded here Chase. Thank you for getting your at bats in Finally a hit Jake McCarthy That is for Michael and the Diamondbacks For the snakes now all we need to do is have Julio sign those cards and we'll be in good shape All right, next up is Ryan Vellad Rockies rookie Rocky Ryan Going to Stephen K Won that spot in the filler. Hey, you're welcome Chase Thank you, and we've got generation now Casey Mice 36 out of 99 tigers autograph for Chase Unfortunately down with an arm injury. I think Tommy John for him but Hopefully the number one overall pick will bounce back for the Pirates Jose can say go Jose. Can you see? four out of 25 Nice low number for Jonathan and the AIDS John Heasley Two out of 25 another low number this time another one for the Royals chase with the Royals Got Casey straight up a few more to go here, and it's a Luis Gil Rookie out of for the Yankees chase with the Yankees won that team in the filler Next box. It's Joey Bart generation now Giants my rivals Sean Healey last box Last box is gonna be Landscape mode red to 50 19 out of 50 AJ Alexi that's gonna be for sentino and the Texas Rangers And there you have it boys and girls 20 boxes of clearly authentic in the books We did a lot of pick your teams today, so thanks for making it a great new release day I'm Joe for jazzy's case rates comm and I'll see you next time for the next one. Bye. Bye