One class of drugs are some of the tyrosine kinase inhibitors in oncology, which there's been some recent labeling of SGS within that group, and there's a lot more new ones coming on board as far as active surveillance with cancer patients, often having a lot of genomics work and that done as well, so be curious to hear from Howard and other experiences within those kind of networks as far as a patient population to try to maybe be a little bit more active in some surveillance within. Howard, do you have a follow-up to that comment? We're seeing a lot of dermatologic disorders, but I haven't seen the SGS signal at our institution, so I was actually just emailing some folks to go and look harder because I know it does occur, but I'm wondering are we seeing it and it's being shipped out the back door to TEPA general's burn unit or are we basically what we're doing, so I guess I don't know the answer, but certainly the TKI, the tyrosine kinase inhibitors are bringing a lot of additional dermatologic problems, a lot of it's hand-foot syndrome type work. Lars. I can confirm with the TKI as we haven't seen any Stevens-Johnson TN. We've had one interesting case and we're going to report that. We had an SGS-like clinical picture occur in a melanoma patient receiving NTPD-1, so check block blockade, and that's also on the scores, that being on the list, and we worked it up and we've been running microarrays on skin biopsies of patients with maculopapular rash, TEN, adgep, and graft-versus-host disease, and could see that really TEN and graft-versus-host disease segregate completely differently, so although there may be some salamilarities, they are molecularly different, and then we ran the same set of genes on this case because we were wondering if the NTP1 was lifting tolerance and inducing a sort of graft-versus-host, and the genes that came up were those that you see in TN, so it really seems to classify on that side. So it's only one case. I don't know if you've seen any. You have seen two, so that's really interesting. We didn't call it Stevens-Johnson syndrome, but we're definitely seeing what you described, and we did a lot of the early phase 1, 2, and then two of our, we led the melanoma and lung cancer big phase 3s, and so we ended up with a disproportionate number of patients there, but they definitely have it. It's a the histology there. You also have a histology with necrolysis or developing? I don't know. So Bob, as the other co-chair, do you have any specific points you'd like to raise? No. I heard you say you were struck by some fact, so what was it? I was struck by the desire to say no. So I'm wondering, you know, one of the things we probably didn't do in our in our works, I was on working group three, and thanks, Simone, for going through that so carefully. Did we identify sort of our top priority research need? Did we kind of pick out one or a few that we felt were really the sort of the most important? I mean, I remember discussing race-ethnic breakdown of data in the FDA databases and then some difficulties that they have in collecting that information, but what were sort of the kind of the highest priority ones? And I'm going to let the chairs answer, and then Mark, you can I thought at risk of sort of showing my biases, I thought there were three take-home suggestions that seemed to resonate with people or with the group. One was the need to if to develop pharmacosurveillance to really begin to address the race-ethnic breakdown of SJSTE in the United States. I think, you know, the unsaid thing here is that there's, I'm not aware of any data, honestly, in the United States that's been published over the last 20 years that actually speak to that, and it's critically important given what we now know about sort of the race-specific risks in other countries. So that's one thing. The the second one was the point that I think Mark may make in a more articulate manner, but just the real idea to to begin to focus in on on a standardized case definition, and I guess I I interpreted the discussion a little bit differently. I thought that the discussion was really saying let's focus on a minimum set of criteria that could be useful for both retrospective and prospective studies so that we're not constantly comparing apples to oranges, because that's just, but there's always this trade-off between sensitivity and specificity, and I'm not sure that we're going to have a whole lot of success solving that issue more because this comes up in every sort of large at big epidemiologic question that I've been involved in. And the third, I think, was an idea of to really look at the utility of burn units that seemed to really resonate with people, and that I did, I didn't have access to the new journals I went to Wikipedia instead today and found out that there are less than, there are about five dozen burning nuts that cover the United States, and you know that's that's actually a tractable number to begin to think about. So, and we didn't really explore that in any great detail, but it seemed to really strike people's ideas as in terms of being able to do active case validation and cruel specimens in a relatively pragmatic fashion. Simone, anything you want to add? No. Mark. I was going to say is I think the first action item which is less about research and more about infrastructure was the recognition that there are a number of case definition forms that are currently in use. And so the first step was to aggregate all of those, compare them, and then see what the commonalities are. And so we don't start from a tabula rasa, but we actually take what's being used as we've heard about from Manir and from Maya and others and begin there. So, I think that that's exactly what we should do. We should do it in the Delphi exercise where you take all the different statements and then everybody get together and they agree on how appropriate the statements are and then you just do the math if there's agreement at the end and then you just publish your little consensus statement saying these are the things that should be collected when a patient comes in with TEN. Howard. I just wanted to mention that I think I think ENED GMS still has a burn research program that interacts with a lot of these burn units. And not all of them, but some of them. So it might be worth reaching out. I didn't see Dick Okita or any of the GMS folks in the room at the moment, but you might be able to have a short reach to them through some of the existing relationships at GMS. Yeah. And we have members from GMS on the NIH working group that's been formed to be talking about SGS-10, so we can also follow them. Other questions or points? Okay. Well, I think I'm going to turn it over to the next session. Hi, everybody. My name is Santa Timania, and I work here at the NIH at the National Eye Institute, and I just wanted to thank everybody for a very, very informative and educational two days' worth. I really learned a lot from all of you, so thank you. So now I have the pleasure of re-welcoming Terry Minolio to the podium. Terry is Director of the Division of Genomic Medicine at the National Human Genome Research Institute, and she's going to lead us through a discussion of next steps and where we go from here. So, Terry? Thanks. And actually, it may take me a minute to get booted up here, so if you all want to, like, talk or check your email or whatever. Yeah. So, because it's not coming up. Yeah, it's not it's not reading it. Mark told the story. Is that it? This is not working. Oh, fine. Oh, right. He did. I saw him do that. But, oh, really? Yeah, I saw him do that, and I thought it was just look at that. All right. So, Soraka Muth has figured out a way to overcome the security thing here. So, he's a man to watch out for, that's for sure. Yeah, that's right. I don't see it, though, and I know it was here. So, I'm sorry. Which drive would this be? Is it removable disks, Soraka Muth? Because it's not... No, we put it. Okay, because we couldn't get this to work. Oh, it's not there, and I know I just sent it, so I have to save it again. Can I just pull it out here? No, no problem. So, I will say, I can't remember if yesterday it was Mark, but somebody was talking about how ophthalmologists take terrible, terrible notes, and I want you to know that, okay, well, there were a couple of ophthalmologists in the audience, and I was watching their body language, so they did hear you. I'm sure I'm going to hear about it when I go back, but I just wanted to let you know. They heard you. I think that the comment was that their notes are very difficult to draw from in an electronic form because they're pictures, so they're not something that's in a form or even that you can do natural language processing on because they're hand-drawn pictures. So, I don't disagree with you. We actually have a network where we have clinicians from around the United States send us documentation for their patients, and the drawings range from quite artistic and beautiful, so we can actually tell it's an eye, and then somewhere even, you know, the eye would be a, you know, a challenged stick figure, so we do appreciate the commentary.


Climate change harms Americans physically, mentally and financially, often hitting those who have done the least to cause it, including black people facing floods in the South and minorities and during searing heat in cities, a federal report said. More than a dozen U.S. agencies and about 500 scientists produced the National Climate Assessment, meant to crystallize the top science on the problem and communicate it to white audiences. Climate change is increasingly imposing costs on Americans as prices rise for weather-related insurance or certain foods. Medical costs are also going up as more people struggle with climate consequences such as extreme heat. The report said, the report also said, referring to the U.S. southeast, that slavery, segregation and housing discrimination have resulted in many black and other minority communities living in neighborhoods exposed to environmental risks and with fewer resources to address them compared to white neighborhoods. The report also discusses national security risks of climate change as countries compete for resources needed in the energy transition. Competition with China for Minerals, for example, will likely escalate tensions between the two countries in coming years. Even when we're doing the right thing, even when we are reducing greenhouse gases and slowing climate change, as we are doing and should be doing more of the public every day, we'll be reading that each year we have a new record high level of CO2 in the atmosphere so that we'll continue to keep happening even when we're pointed in the right direction and then we're going to continue to see these climate disasters play out. They're going to keep happening even when we're doing the right thing. The reason why that's important is I think people have to not lose hope in the face of that. We have to understand the science that we are pointed in the right direction and we are making strides in the right way even as these kind of news reports hit us day to day that seem kind of scary downright. Sometimes the public focuses and hears about the climate disasters and often thinks that maybe there's not much action but there are these bright spots so we've, as a nation, have reduced our greenhouse gas emissions even as our population has gone off and our economy has increased. We've been able to do that while decreasing the total amount of greenhouse gas emissions.


This is stock number 90285. We are here at Summit Automotive in Fond du Lac, Wisconsin, your new and used heavy-duty truck and RAM headquarters. Today we are checking out this brand new 2019 RAM 2500 Crew Cab Short Box. This truck is a Bighorn Level 1 package. It has the 4x4 off-road package as well as the Snow Chief Group. So you get the Bilstein shocks, the tow hooks, the clearance lights, the skid plates, part of those two packages. And I wanted to do this particular video because of the color on this truck. It is in Patriot Blue and just a really good looking color. So what we do is we walk around the whole vehicle so you can get a good idea of just the styling and how the light reflects off the vehicle, get a good idea of the color.  And so now we did the walk around, we'll get up close. It has the Firestone Transforce Tires, the polished aluminum rims. These are LT27570R18s. Pretty nice all-terrain tread there and it has the Bilstein shocks, part of the off-road package. You get the clearance lights up top, part of the Snow Chief Group, get auxiliary switches, part of the Snow Chief Group, factory fog lights, the tow hooks, part of the off-road package, the stamped ram grille, part of the new redesign. It has the nice chrome step bars. I believe those are 795 bucks to get those step bars on there. You can get a really good idea of that Patriot Blue color on here. If you remember back 05, 0406, around there they had this color on the heavy duty and half ton trucks. Really popular back then and I think it's going to be popular now. You can see it has the rear springs on the suspension. Gives you a lot smoother ride when you don't have a bunch of stuff in the truck bed. A lot smoother ride there has a full towing package, four pin, seven pin wiring, backup parking sensors. You can get a really good idea of the metal flake in that Patriot Blue. We shoot all of our videos in 1080p so turning HD capabilities on and now if you don't have them on already restart the video however you want to do it. Spraying bed liner that's from the factory. Has the LED bed lighting, the tie downs in the bed as well. It's a really, it's kind of almost sticky material for that spraying bed liner so your stuff's not going to slide around. If it is it's not going to slide too far. You've got your backup camera in that handle there. I like the Ram logo they put on the tailgates now. This one has the rear bumper stop so it actually comes down like so and it makes it easier to get into the bed and you can just tie it away by pushing it back up. You get the four by four off-road. These are just stickers so if you didn't want those on there they could come off pretty easy but they do put those on part of that off-road package. You get another good look at that spring right there for the rear suspension. And I always like to go up to the window sticker here if you want to pause it. Take a look at all the options that this particular truck has otherwise this window sticker is available on our website summitauto.com just look up 90285 or click the link at the end of this video but you can see it has a snow chief group, the bed utility group, the off-road package, and the level one big horn package for a total MSRP of 52850. Inside that big one or big horn level one package gives you the gray cloth interior, the power driver's seat with lumbar, factory floor mats, power windows, power locks, power mirrors, also has the power fold-in mirrors and those are the heated fold-out tow mirrors, auto headlamps, power pedals, and as we hop inside here you can see it has the digital speedometer, the redesigned instrument cluster, outside temperature display, compass display, comes with the heated leather-wrapped steering wheel cruise controls and gear selector on the right and Bluetooth and information center controls on the left. One of the biggest upgrades for the new body style is the new eight-speed automatic transmission in these heavy-duty trucks. You get the push button four-wheel drive, the downhill assist control, I think that's part of the snow chief group as well or part of the off-road group, probably the off-road group. I know it's one of those too. Anyways you get the 8.4 4C radio, AMFM, and Sirius XM radio capabilities. You also have your climate control that you can do on here, you can do those controls, your heated seats, your heated steering wheel, you can check out your backup camera, it's really a high definition HD backup camera now and you can turn that off, you can check that at any time, also can do your climate, you can do your climate down here, has your factory brake controller, your six up-fitter switches for lights or whatever you want to put on the truck and they act just like switches for your lights at home. Augs and USB jacks and then USB-C jacks as well. You get a holder for your cell phones, cup holders, big storage area underneath there plus you get a storage bin in here, nice design on the seats, side curtain airbags, map lights up there, and then you get your home link buttons for your garage door security systems and lighting systems. We'll check out the back seats real quick. Do you get the Latch Child safety system? These seats fold up, you still get your load floor which has been pretty common on the bake horn package for some years now and you can put this load floor down on both sides and if you have pets they have a nice flat place to lay. If you got muddy boots or tools put them on there and you're not going to get your seats all dirty, storage underneath there for tools, tow hooks, whatever you want and then the floor mats back here now are snapped down so that they don't slide around. You also get two in-floor storage bins with easily removable containers for easy cleaning so you can put ice and drinks in there and dump them out for easy cleaning. It's like you have two mini coolers wherever you go. I thought that was kind of neat. Side curtain airbags, the gray and black two-tone interior design, you get woodgrain trim throughout, power windows, power locks, you got your kid locks back here so they can't open the door from inside and just really nice trucks if you haven't driven one, highly recommend it and to see more pictures of this Ram or one of our other 450 new and used cars, trucks, SUVs, minivans, wranglers, halftones, three quarter tons, one tons, you name it we got it go to our website www.summitauto.com full pictures and descriptions of every single vehicle from two locations all at summitauto.com and if you'd like to check out more HD videos you can go to youtube.com slash summit auto remember to like subscribe and share on this video and all the videos that you see there in fact in a second you will see a link to subscribe to our youtube channel on your left it links more heavy-duty truck videos like this one on your right if you have not been on our website on the bottom link to this vehicle on our website click those check us out and we really look forward to helping you with all your new and used Ram and heavy-duty truck needs thanks again


Johnny dollar this is Al Turner at New Britain Mutual. Hi, Al. What goes with you these days Johnny? One of our important clients is very anxious to get in touch with you says that she's an old friend of yours Oh, who's that? Her name is Mrs. Virginia Haskell Virginia Haskell. That's right. Sorry, Al But I'm afraid I never heard of her before she got married about a year ago. Her name was Van Doran Ginny Van Doran. Yes. Oh, well, now that's something else again, and I mean something One of the most delectable bits of feminine poker, too I ever ran up against believe me a young man's fancy didn't have to wait for spring to turn to thoughts of her No, what's that mean? Oh Al even I had serious ideas about that gala one time Yeah, right after college isn't every kid of that age intrigued with the idea of marrying into a fortune and very beautiful At least she was when I know her still is Johnny. So she's married to somebody by the name of Haskell, huh? Gordon Haskell They live on Birchbrook Road down in Bronxville, New York. Funny. What? Well, when I knew her that blonde Sharmer didn't have eyes for anybody but Paul Snowden Who's Paul Snowden childhood sweetheart that sort of thing poor boy making good in his own you know the bit Too proud to marry her because of her money, but she swore that she'd never marry anybody else that he was her one true love But I guess she changed her mind What does she want to see me about Al? She didn't make it clear however that it has to do with some of the family insurance Well, that's as good an excuse as any then you want to run on down there for a longing look at the gorgeous Ginny Van Doran But it'll cost you money Al Listen Johnny with the premiums we get for all the insurance She carries life house property and so on the sky's the limit brother.  Albert I'll be in touch Freaking adventures of a man with the action-packed expense account America's fabulous freelance insurance investigator It's truly Johnny dollar And now act one of yours truly Johnny dollar Expense account submitted by a special investigator Johnny dollar to the new Britain mutual insurance company home office Hartford, Connecticut Following as an account of expenses incurred during my investigation of the wayward errors matter I Decided it might be handy to have my own car along for this one So expense account item one four dollars and a quarter for a tank full of gas I picked up the freeway and headed south and west a fashionable Westchester County, New York to me Bronx Phil has always been one of New York's most charming suburbs Only about 20 miles north of the big city. It's full of beautiful homes with lots of trees and expensive landscape properties There's a lot of wealth in Bronxville The Haskell home on Birchbrook Road was a huge English type of fair filled of stone and stucco the kind of place that'll last a hundred years 18 to 20 rooms I guess and surrounded by well-kept lawns and flower gardens oak and sycamore trees and neatly trimmed hedges Yep, a big hunk of the van door and oil money must have gone into it unless young Haskell was mighty rich Virginia looking every bit as beautiful as I'd remembered her from college back in the Midwest Readed me like a long lost Well brother, darn it and Johnny. I'm so glad you could come I I'm worried sick worried about what Jenny Gordon my husband Well, look, it's none of my business, but it Well, it kind of surprised me to learn you'd married somebody other than Paul Snowden. It's Paul who has me worried Johnny. Oh, yes Well back in the old days in college. I wasn't interested in anybody in the world at Paul I mean seriously, I remember the rest of us couldn't get the first base with you I loved him Johnny And I hope that as soon as he could get established in the business of some kind he'd asked me to marry him Well, what stopped him Jenny? money When father died and all the van door and money came to me Paul suddenly changed He stopped seeing me Even avoided me So then well, I guess what I did was Make a mistake. What was that? I went to see him at his little plant there in Chicago Chicago That's where we were living then and Johnny the only reason he stayed there was to be close to me So he went to see him. Yes And I proposed to it. Oh Also Well, this was the big mistake. I Offered to finance the machine tool business that he was trying so hard to build up But he didn't like that and told me so I'm afraid there was quite a scene there just been looking down your nose at me all these years It's been nothing but pity. Oh, yeah for timid little me needs help Maybe needs mothering by somebody who pitties him by somebody who can afford to support all that isn't true Then why do you come offering help offering money? I don't want pity somebody holding up my head for me I've got to work this out alone. It may take me a long time, but I'm not going to I'm sorry Jenny, but don't you see I love you.  I'll never get anywhere on your charity. You're feeling sorry for me all darling. All right All right the less we see of each other now the better Maybe some time, but oh no not now Find somebody else Jenny somebody who can give you the things you need Uh-huh a little too much pride for his own good. I'd say it upset me terribly Johnny Especially when he told me to go out and find somebody else, but I take it you did then Gordon came along Sort of caught me on the rebound. I guess Tall and good-looking He fell in love with me the first time we ever met I Guess he kind of swept me off my feet But now that the honey won't over he's been wonderful to me and I love Gordon Johnny. I love him very much As much as Paul not Perhaps in the same way But we're very happy together and there's never been any strain or tension because of this this difference in our fortunes Gordon isn't wealthy either Well, he hasn't what I have of course, but he manages to get along and I'm being a good wife to him Oh, I'm sure you are Jenny and Don't you see if Paul because of his jealousy were to kill Gordon. You mean you honestly believe he might yes That's exactly what I mean. That's why I sent for you good heavens. Yeah Johnny You've got to stop him Of yours truly Johnny dollar and the wayward errors matters Listen to me. It's true Johnny. I'm sure of it Paul Snowden has come here to kill my husband. He's He's told you as much. Haven't you been listening to me, of course I maybe my marriage to Gordon was on the rebound on the spur of the moment call it anything you like But it was Paul who turned me down at least for the time being I told you what he said and simply because of a misguided Sense of pride because you had money and he didn't yes How did Paul take it when he learned that you were gonna marry Gordon? I mean he was terribly angry He made all sorts of wild threats. Well, that doesn't that he said that he would kill anybody else who married me And he will Johnny does he know Gordon. He's never seen him, but he wants to kill him. Oh Ginny that doesn't make any sense.  It was to get away from Paul that Gordon and I came here to get married and settled down Or because you were afraid you might still be in love with Paul It isn't a very nice thing to say Johnny, but it could be true. Couldn't it? It's Gordon in business here in the east well, he I've helped him to start one Johnny a little importing business. What did he do before? Jenny well His family had quite a bit of money once They lost it all and some bad speculations and Well, if you must know Gordon just sort of played around for a while did Paul know all this I don't know because if he did maybe you shouldn't blame the poor hard-working guy for not liking but Gordon is good And he's good to me. He's good to you seems to me. You're the one who I can say that Johnny He is good to me. He's all I have now Only Paul hadn't found out where we've come to live Look Jenny, I'm an insurance investigator not a love counselor and What's the matter? Don't you believe me or I've told you or are you just trying to be very cold-blooded about this? Jenny all right then This happens to be a cold-blooded insurance matter For the simple reason that Gordon's life is ensured And if you have no heart if all you can think about his business, all right It's your job to keep Paul from killing Gordon now listen Jenny You've been married nearly a year. Nothing's happened nothing at all yet now all of a sudden because Paul has come here He telephoned me and there can be only one reason why he's here. I doubt that but where is he in New York at a hotel? What hotel he didn't say well Is he coming out here to the house? He said he wouldn't come until you could be sure that Gordon was here and then Then to prepare for the worst those were his very words Johnny prepare for the worst wasn't Gordon here when he fall Yes, but I didn't tell him that where's Gordon now over in Larchmont at the Beverly arm in hiding in other words I want him to stay there until something can be done about Paul. That's all Well if Paul so all fired determined he is Johnny. He always was that could be a pretty admirable quality Jenny of course it is But when he's determined to do such a horrible Johnny Johnny, I don't understand you the way you're taking all this Are you going to help me or aren't you? Yes? Yes? Yes, okay, Jenny. I'll see what I can do If by any chance what you suspect is true if Paul really has come here to get of course he has Paul doesn't give up no matter what he set out to do Which is to say that sooner or later if you'd kept your head if you hadn't gone off the deep end if you had waited and married him Jenny I know I should have I Should have waited for him no matter how long it took him Yeah, and what Johnny I didn't mean that I'm married to Gordon now, and I must protect okay, then the first thing to do is get him over here Why sure if Paul's staying undercover, it's the only way to bring him out in the open But if anything happens to say it's my job to see that it doesn't I'll see you later Now like I said many times before in this business of mine You run into some real wildies and this was one of them made me feel like an advice to the love-shorn column And it was pretty obvious that Ginny was still in love with Paul that she was sorry She had married and was supporting this Gordon Haskell Incidentally must have been a smart cookie to have caught her on the rebound latched on to her and her fortune But she'd made her bed and by golly out of nothing but stubborn pride. She was gonna lie in it It was well after dark by the time I left her and as I walked out to my car I decided that what I'd better do first was to locate Paul Snowden Somewhere in some hotel in New York City find out what this whole crazy affair was really all about But then as I reached for the door handle of my car just a minute, huh? Yeah I've been waiting for you. Oh Who are you as if I couldn't guess? Mr. I found out all about you. Why you came here me. Oh Believe me take a look at these photo stats from the police files in half a dozen Western states Well, not just just take it easy. Let me put on the dance light so I can take a look at them You'll have plenty of time to look at them when I'm sure Just Right now You want some more? That was Paul. I saw it. Yeah, so I figured must have found out that I sent for you Why if I hadn't come out of the house to see what the noise was all about he met Don't you see Johnny?  Jenny I Guess if you didn't convince me Paul has To the house with Ginny's help on a good stiff drink plus her tend demonstrations brought me back to normal I suppose I could make all sorts of excuses about having been caught off guard, but I won't Paul Snowden had a good pair of fists and he knew how to use them My plan had been to call on the New York City police for help at locating Paul But now this has suddenly become a personal matter and yet wait a minute Ginny. Yes, Johnny. Are you feeling up? Didn't you tell me that Paul and your husband Gordon didn't know each other had never met? Yes, what about those papers the photo stats papers, and we've been thinking that Paul jumped me because he'd found out You'd called me in to protect Gordon. Of course. Well, it just happens. We were wrong Johnny. I don't know listen I'll be right back But Johnny he may still be out there some way. I wouldn't be at all surprised Johnny Don't you I found no sign of Paul or the papers he'd shoved at me But I was certain that he was still in the neighborhood waiting and not for me I jumped into my car drove away and then circle around the block park and sneaked into the house the back way I thought it was Gordon coming in this back door. I phoned him that Paul had been here. Yeah, what do you say? Only that until Paul is taken care of he'd better get out of town, but Johnny that's such a oh great And yet if he plans on being away for any length of time Excuse me a minute. Yeah, there was a chance a bear chance that this whole thing could come to a head very quickly with a bit of luck I Open the front door and then called out into the darkness beyond the porch wall Paul Snowden This is Johnny dollar If you're out there stick around and listen I'm leaving this front door unlocked So use your own judgment. I went back into the library Standing there with Jenny was a man a few years older slightly gray around the temples He had a worried furtive look about his eyes. He was momentarily startled when I walked in on Johnny Gordon, this is Johnny dollar. Hi Gordon. He sneaked in the back way And I'm not staying around to get killed Now listen Virginia Gordon. It'll be all right now. No, I don't know who dollar is or why you've called him in But I'm not staying around here with Paul Snowden gunning for me. You're afraid of him Gordon. Wouldn't you be? Come on Virginia open up the safe. You've got plenty of money in it. I know but look darling Come on get it for me. Give it to me to run away like this Oh because Paul wouldn't run away.  Well, I'll listen Gordon you listen. This is none of your business. I wouldn't be too sure of that Well, I am Virginia not just a minute. Will you keep out of this? No. Oh, yes, you will You see what I mean.  What that thing down Gordon Stand back dollar. I'll pull this trigger brother. That's what you think Yes Afraid he'll live. Yeah, he'll be okay. Should have killed him I guess but I'd rather see him face the courts Oh, what are you talking about those photos that you have? Yeah Police files all over the West He has a record as long as your arm under various names Wealthy women married them took their money. No, no. Yes, Jenny and some of them Well, he killed him Paul I didn't know I didn't know I'm sorry dollar about what happened outside earlier But in the darkness, I thought you were Gordon. It's okay, Paul. You've uh more than made up for it Paul and Jenny you'll finally get together for keeps. I don't I don't even know whether I care I'm just glad I wasn't involved. That is any more than I was Expense account total including mileage of my car back to Hartford a lousy 10 bucks yours truly Johnny dollar Our star will return in just a moment Now here's our star to tell you about next week story next week a sweet little old lady Involved in one of the dirtiest rackets. I know Join us. Won't you yours truly? Johnny dollar originates in Hollywood and is written produced and directed by Jack Johnstone Heard in our cast were Virginia Greg Les Tremaine Sam Edwards and James McCallion Be sure to join us next week same time and station for another exciting story of yours truly Johnny dollar This is Dan cover Lee speaking


QuickBooks Online 2024. Advanced Customer Payment or Unearned Revenue Method Number 2. Get ready and some coffee because we're going to be on top with QuickBooks Online 2024. First, a word from our sponsor. Yeah, actually we're sponsoring ourselves on this one because apparently the merchandisers, they don't want to be seen with us.  Like our, trust me, I'm an accountant product line. It's paramount that you let people know that you're an accountant because apparently we're among the only ones equipped with the number crunching skills to answer society's current deep complex and nuanced questions. If you would like a commercial free experience, consider subscribing to our website at accountinginstruction.com or accountinginstruction.thinkific.com. 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 reports on the left. We're going to be in the favorites right clicking on that balance sheet to open a link in a new tab. Right click on the profit and loss open link in a new tab, the same for the trustee trial balance. Let's tab to the right, close up the hamburger on the balance sheet and then run the date range from 010124 to tab 022824. I want to see it on a month by month breakout. So we'll select that and then run it and then tab to the right hamburger close. And then we're going to say this is going from 010124 tab 022824 tab. We will once again break it out on a month by month side by side refreshing the report tabbing to the right hamburger close. And then once again going from 010124 tab 022824 tab. Let's change it to months and then run it to refresh it. Let's go back to the balance sheet to get an idea of what we will be doing. We're thinking about sales once again, but in a situation where we have the unearned revenue last time having looked at this problem, thinking about one method of dealing with it, which I think is great for internal purposes to be able to track the flow of the receivables, but does result in a temporary negative receivable account. And if we use this method, we can use items to basically record the proper basically liability account as we do the data input instead of waiting until the end of the period to make an adjusting entry. So let's remind ourselves what the situation is by going to the flow chart over here. This is a desktop flow chart, which we're using for online because we just want to look at the flow of the forms, which is basically the same for any type of accounting cycle, noting that if we're on the revenue cycle at the end of the process, we expect money to be coming into the company for goods and services sold. And usually that goes in one direction, right? It might still be an easier process sometimes, possibly because, for example, we just get paid by YouTube, in which case we might just wait until it clears the bank and then record it with the use of the deposit form through the bank feeds. And that would be a nice easy process, or we might have a cash register still on a cash to based system. But this time we want to record the information at the point in sale that we do the work like in a restaurant or in our guitar shop. But we want to record it at the register not wait till it clears the bank so that we have the internal control of recording it at the point of sale and then basically making the deposit. And then the next common way is we have an invoice system, an accrual system then because we have to do the work first like an accounting firm, law firm, landscaping company. We do the work, then we invoice the client for the work done. We have to track the accounts receivable, then receive the payment, then make the deposit. So notice those are all variants of the same flow. The errors are still going the same way. We just start at a different point depending on how easy the system is. But if you get paid first, then it throws things off. Now we've got things going backwards. If I get the payment before I do the work, before I invoice then, then it's backwards. When would that happen? A classic example is the newspapers, for example, with the lame legged legacy media probably doesn't sell as many newspapers. So maybe these days the best example would be the applications, online applications where you basically buy software applications. You pay for it a year in advance. And then when they actually sell you the software, they haven't earned your money because they haven't provided you the software. So technically when they receive the money, they should be putting it on the books as a liability, not as revenue at that point. Another example would be the rental property, where you typically collect the last month's rent or possibly a deposit, which is a similar situation in which case you get cash, but you don't put it in as revenue because you haven't earned it. Or you could have a down payment situation like what we will be looking at here, where we have a large sale of something, but for us to secure that piece of property like a guitar, we want a down payment before we actually deliver the guitar. So that's what we will do here. If we go back to our financial statements, the issue with this is that from a journal entry standpoint, this is easy from a textbook standpoint or not too complex at least, it's still a little confusing. If someone pays us and we didn't do the work, what's going to happen? Well, we would increase cash with a debit or an increase and the other side instead of going to the income statement as revenue should go to a liability account down here called unearned revenue or customer deposit because we owe them the money back or we owe them the work. So that's where it should be housed until we do the work and then when we do the work, we should reduce the liability and record the revenue. That's a common textbook problem. However, in practice, we have an added problem and that is that basically the customer center is tied to the accounts receivable account. So if I create another account called a liability of unearned liability, it's not linked in the same way to my customer center so I can track what is actually happening. So that's why in practice, many times from the bookkeeping standpoint, it's actually easiest to basically record a received payment resulting in a negative receivable on one particular customer because it's clear to see internally and then possibly make an adjusting entry at the end of the period if you need to. So for example, if I go to the tab to the right, right click on it, duplicate it so I can open the sub ledger for the receivable. Review what we did in a prior presentation, reports on the left hand side, hamburger closed, scrolling down. Who owes you? Let's go to the customer balance detail. And then you can see, for example, Eric Music here has a negative accounts receivable. That's not technically right from a financial reporting standpoint because it should be a positive liability. If we owe Eric something, then he's not really, it's not like an asset right now, it's a liability. However, the income statement is still correct. So for doing our financials primarily for tax reporting for schedule C, then we might not have to worry about it too much if it works well for us internally. And if we do have to report external financials on the balance sheet on taxes or possibly to get a loan or for external reporting to owners, then we can make a periodic adjusting entry, increasing the AR account and increasing the liability account. However, we might want to have a different method where when we record this, it turns out to be a liability and we can do that with the use of items, although it's a little bit more complex. If I go to the internal documentation over here and we go into the sales center and we go into the customers, one of these, well, let's go into Eric Music here. So we're going to go into where was Eric Music, boom. So you can see here that the method that we used before, we end up with this negative receivable, but it looks easy to follow internally. I can say, okay, yeah, there's the negative receivable and here's basically an estimate that was made to tie out to that. So an estimate was made and then we got a down payment. If Eric Music came in, we can easily see that there's an outstanding credit that then could be applied to a future payment. Okay, so now we're going to do the new method and we're going to imagine that we're going to use items to try to record it as a liability instead of a negative receivable. So let's start with an estimate again. So someone comes in and they say, I want a guitar and we're like, okay, we'll hold on to it for you or order it, but we need a down payment. So let's first think of the estimate to think about how much that down payment might be. So we're going to go for string music this time. So string music is our customer and we're going to say, so then I'm going to make the date of this, the 022724, tab, tab, tab. And down here, we're going to say, what do you want? We're just going to say it's an EPSP. They want an EPSP. We're going to say one of those and I'll adjust the sales tax to our generic five for our practice problem. So there we have it. So we can say, okay, if you want us to order that custom guitar because you got that crazy color or it needs to be plaid or something, or if you want us to hold on to that particular guitar for you, then we're going to want a down payment. The total that it's going to cost you is 630 and then we can use that as the basis to collect our down payment, say possibly taking 10% of it or 20% or whatever is our policy. So then I can record this. We could send this to them if we wanted to, or I can just say that I want to, I'm just going to record it in our books. So I'm going to say, boom, we've recorded that. That's an internal document. Nothing happened to the financial statements from it. If I go to my all sales here, we can track the estimates by going to the estimates and there's our estimates. And then we have the status of open estimates. There's our open estimate. We can also track it here and the estimates tab status. We want to look at the pending or let's say pending declined accepted. Let's go into, so we'll go into the, we have it in pending. Estimate at this point in time. So, so there we have it. We can also see it on the customers where we said that we have an estimate. So let's say we have two estimates. We can filter over here and now we're looking at Eric music has an estimate. So there it is. Is that the one we just set up? I think we set up string. Let's go back. Sorry. Let's go. Let's filter by the estimate and let's go into string music. That's the one we just set up here. So now we have an estimate for them. This was a prior sales receipt. That one has already been paid and here is our estimate that is pending. Now, if they accept the estimate, then we can move it over to accepted. If we so choose mark as accepted. So we're going to say, all right, now the status is accepted and we could name it. If we, if we want to track the audit trail of it. So there is our estimate. And now the next step would be that we would expect to convert the estimate to an invoice. So it's an accepted status. Okay, so now the next step is we would say we need a down payment. So we're going to base the down payment on on the estimate taking a percentage of the estimate. And last time we just made a receive payment form that wasn't tied to an invoice. But this time we're not going to do it that way. We're going to basically use, we're going to use the sales receipt. Now the sales receipt you will recall is typically the form that you use on a cash based method. When you make a sale at the same point in time you do the work like add a cash register. But we're going to use it differently because we're going to use the sales form because that has the access to the items. And then we will create an item which will record properly to a liability instead of to a negative receivable. So we're kind of tweaking the use of a sales of a sales form.  So let's say I say new and I'm going to say that we're going to have a sales receipt. So sales receipt that we're going to create for string music and then tab tab tab tab tab tab. Let's make it 022724 tab tab tab tab and we'll just say it's cash that we're going to receive. And we're going to put it into undeposited funds as has been our custom instead of going into the checking account. This would be like a sale at a cash register kind of situation normally. But instead of us actually selling the guitar right now we're going to use the items to create a new item.  It didn't give me that let me do that again. I'm going to say a new item. OK. Let's add the item. It's going to be a customer deposit deposit. So it's not actually an item. It's going to be a deposit than the item type. We could make it service or non inventory. The point is we're not tracking inventory. I'm just going to keep it at service. I'm not going to put it into a category. The sales name will be customer deposit. I'm not going to put a sales price because we will populate the sales price as we do the data input. The income account needs to be changed because this is where I'm going to be able to assign where I want it to go. It's a pre payment. So we're going to put it into the liability account. So I'm going to go up top. We don't have one yet. So I'm going to add an account and I'm going to say it's going to be an other current liability to do other current liability and deferred revenue. That's good. We could call it that the classic name to me textbook name would be unearned revenue. I think I spelled that wrong. If it was a deposit situation here, you might call it customer deposit, which is actually a liability, right? They give you a down payment, a deposit on the purchase. That would be something used and like a rental situation, you might call it that or in this situation with a guitar. If you have the lame legacy media newspapers that you use as rocks for people to pay you to throw through their window, then you could call it unearned revenue would be the more appropriate name oftentimes. So there it is. We're going to say there it is. Let's save it and close it and boom. And then we're not going to have any purchasing side of it. So I'm going to close that out and then we will say, oh man, I should have made it non taxable. I'll just undo the tax. I should have taken the tax off, but we're going to say that's for $100. I got all upset there. It's not that big a deal, but we can change it to take the tax off. So what's this going to do now? Well, it's a sales receipt and the sales receipt. When you think about the sales receipt, what it's going to do is it's going to usually increase the revenue is usually for a sale, right? And we receive something as going to be cash or go into the payments to deposit. But this time, instead of it being driven by the item to the sales line, we used it so that it drives the item to that unearned revenue. So nothing's going to happen on the income statement for the $100 calculation. Let's save it and close it. We'll check it out. So if I check that out, we can go to the balance sheet and run it. And so now we've got this amount that went into the prepayment to the payment to deposit. So this is our clearing account that we're then going to go to the bank with. And so there's that and send them the other side instead of going to the income statement because we didn't actually sell anything yet. We're going to sell it in the future. We put it into a liability account, which we called where did they put unearned revenue? There it is in unearned revenue, $100. So it went in here instead of if we used the sales receipt, what would have happened? It would have gone into receivables here and then shown as a negative receivable. Now, so that's great. So we're like, okay, that's proper now from a financial reporting standpoint because now I have $100 that are in the unearned and a liability instead of having that customer account as a negative receivable. But the problem is this isn't going to show up on my sub ledger because if I go to my sub ledger over here breaking out the information by customer and I run it, this sub ledger is tied to the accounts receivable. And that might be fine because you might say, well, it shouldn't be in here because this is tied to the accounts receivable, not to the liability. But the problem is that it doesn't show like I want a report that shows everything related to the customer information. And now we have a customer that has detail in it outside of the accounts receivable, which means the sub ledger isn't capturing everything related to our customers. So but it's not a big deal here because we can still see it basically internally. This still ties out to our accounts receivable. Our liability is is properly recorded. We didn't record income. And if I look at the internal documentation, I can go inside here and I can go to my customers and look at string string music. Is that what I was working on? I think it was. So there it is string string music. I just lost it again. I had it and then I lost it. Where did it where did string music go? It's at the bottom. Here it is. Can't you don't you know the alphabet? It's an alphabet. Okay. Anyways, if we go into here, we see now notice internally, it doesn't look quite as clean though. So I still have this sales receipt, the hundred the hundred dollars, the payment that we have received, but it doesn't show as like a negative credit. It looks like it's already it's been paid. It looks like a sale that we made basically internally, but I but I can see that it's on the financial statements that it's part of that liability account. So you can see from an internal standpoint from the customer, from the bookkeeping standpoint, this isn't quite as clean as if I go back to say Eric music up top. And I can see clearly what has happened here because there's this negative amount in the receivables and I can see it was a payment that's not been applied to something over here with when I use this method. You can see it looks like we made a sale a sale when I just look on the screen. Although if I go into it and I edit it, then I can see that it was actually using this customer deposit account, which of course is the indication that it's actually a a unearned revenue situation. So I'm going to close that out. All right, so now let's imagine that that we need to create the invoice and basically tie out this $100 to the invoice. So if someone came in, they're like, OK, string music comes in. They're like, we had we have an invoice that we need to be applied out. We're like, OK, there's the estimate that was made. And we can say, OK, there's the sales receipt that actually I can see by the item is a deposit. We can create an invoice from the estimate. So I'll say let's make that estimate into an invoice and then I'll close this out and close this out. And that happened as of 227. That's good. And then down here it pulls in the amount properly. But now it's now the question is, well, how do I deal with that deposit? Because there wasn't a negative receivable. So in the prior method, I would have recorded this and then matched out the payment to the deposit and it would show on the bottom of the invoice. Under this method, I'm going to create another thing down here that says customer deposit again. And I'm going to just say that it's going to be the negative $100 so that it basically nets the two out. Let's say, well, I put a negative one as the quantity and then $100 at the rate to give us the negative $100. So now you can see that basically it's pulling it out, but it's doing it at the top of the invoice instead of underneath the invoice. And that's required because what we need to do is be shifting that and this, by the way, should not be taxable. I should have had the item so it doesn't show a taxable line there. And then let's also edit the sales tax for the generic five. Okay, that's actually pulled in properly from the estimate. So that looks good. So what's this going to do? What's going to be the journal entry? Well, it's an invoice so the accounts receivable is going to go up. The accounts receivable is going to go up by the $530 so it's already been decreased by this $100. Whereas the last method, we would have had the accounts receivable impacted by the full sales price. And that's because the last method had the negative receivable in there that would net out. In this case, instead of having a negative receivable, it's in the liability. So I have to take it out of the liability, reducing the liability. And so that results then in that $100 difference in where it would be the $600 plus the sales tax to what it is now at the $530. And to me, again, I don't like that as much because I'd like the invoice to show the full amount of the invoice and then have the payments applied to it. And in this method, what we get is an invoice that we never get the invoice that shows the full amount because the line item is in the top line of the invoice. To me, again, that's a little bit less good from the bookkeeping standpoint side of things and from an audit trail standpoint side of things, although it properly records the liability basically as we go. So it's going to be increasing the accounts receivable by the $530. It's going to be decreasing the unearned revenue by the $100, bringing it back down to zero. It's going to be recording revenue, not for the $500 like you would normally expect, but for the $600 because it's driven by the item up here. And this item is going somewhere else. It's going to the liability account. And then the sales tax payable is going to go up by the $30. There will also be an impact on the inventory, inventory going down by the cost of this line item, not the $600, but the cost driven by the item, the cost to goods sold expense related to the sale of the inventory will be going up by the same amount. Net impact on net income will be the sales price, $600, not the $500 minus the cost of goods sold driven by this item. And we'll have the accounts receivable sub ledger impacted for string music as well. And we'll have the sub ledger for the inventory impacted. And this invoice is of course something that we can send out to the client without having to record it and then apply out the and then apply out the prepayment, which is one of the what I think is very the limited good aspects from the bookkeeper side of things. I don't have to close it and then apply out the payment in order to send it out. So I'm going to go ahead and save this one and check it out. So if we save and close that, we can take a look at it. So let's go to the balance sheet and then run it. So we run that one and we can see that the accounts receivable should have going up. So if we go into the accounts receivable, we can see the string music invoice for the $530. So if I go into the $530 into the invoice, we can see that that that went up for the net or total amount down below closing that back going back the other side to the income statement. Let's refresh the income statement and go into the sale of products. And so that then is impacted here for the invoice, but for the 600, right, the 600. So it's not the bottom line. And it's because it doesn't include the sales tax, but it's not this line either. It's that line. Well, where's the other $100 then? Well, let's close that out and go back. That went to decrease the liability because now we didn't have it net out in in accounts receivable. It went into this liability of unearned revenue. So unearned revenue has now gone back down from a journal entry standpoint. That looks beautiful like a textbook problem, right? It went up and then it went back down, although the use of the sales receipt in this regard is weird, right? And then let's go back and then we can see also that the inventory. If I go into the inventory, it will be going down driven by the cost of the thing that we sold as normal. And then back and the cost to goods sold on the balance sheet will also be impacted. So we have that. That's normal. Let's go back. And then of course the sub ledgers for the inventory will be impacted, but I won't deal with that because that's basically normal. The accounts receivable sub ledger by customer impacted. If I go to the accounts receivable by customer and I run it, then string music is here. We just have this invoice now outstanding for the 530. Now, again, the thing I don't like as much about it is that the invoice is on there. Never is on there for the full amount and then showing the payment tied out to it. It just shows the invoice for the amount after we already applied out the deposit, which to me is not exactly proper. If I go internally and we were going to track, let's see what happened internally on the customer side. If string music had a question, right? So what we have now is we've got the estimate that was made. That looks pretty clean. It's been converted, meaning the estimate is done. If I go into the estimate, you can see it's been created an invoice from it. If I was to edit the estimate, we can see the estimate has been closed in here. So I'm going to close this back out and then we created then a sales receipt from the estimate, which says paid, which is a little deceiving because it's going to say paid before we apply it to the invoice. So that's kind of the issue with that one. But if I go into it, I kind of have to dig into it to see the fact that, oh, yeah, this was for a customer deposit driven by that item rather than just having a negative or unapplied payment, which would be easier to see on this screen. And then we have the invoice that that payment was applied out to with the use of the item. So if I go into the invoice instead of having a payment applied to it, if I say I want to edit this one, we don't have a payment that's linked to it, but instead we applied the payment out with the use of the item. Let's compare that to Anderson quickly. If I go back, the other method we use was for Anderson. Internally, we said, OK, if we had an estimate here, we made the estimate, and then we collected, we imagine we collect the payment, which was $300 from the estimate. In this case, we used a payment form. When we did that, we have a negative $300, but it wasn't tied out to anything. And therefore you can see clearly from the face of the page that you have a payment that is a credit that's not being tied out. To me, that's easier from the internal side of things. And then when they came in to allocate the payment to the invoice, if I go into the invoice, I can see the invoice, by the way, is linked to the payment. And if I go into the invoice, then we can see that it's been partially paid, which again, that partially paid doesn't really show up in the other method, even though it's been partially paid because we paid it instead of with a payment with the use of the items. So you can see down here, I think it more properly shows the amount of the invoice. So we get to see the total amount that was charged on the invoice, and then down below we get to see the payment that's been applied to it. So to me, from an internal standpoint, as a bookkeeper, I would like this method a lot more if I'm doing this all the time, although it does take one added step in that I have to make sure that I apply out the credit to the invoice before issuing the invoice after the payment has taken place. But so there's pros and cons to each one of them. I don't really think one is better than the other. The question is, do you want a method that's going to be showing your financials between accounts receivable and the liability exactly correctly from an accrual standpoint on every transaction, or do you think it would be easier or better to try to make your bookkeeper's life easier to use the method that would be simplest for the bookkeeper and then do the adjusting process if needed, which you might not even need if you're just a small business and have a schedule C for taxes because it's a balance sheet issue in terms of the reporting and then do an adjusting entry at the end of the period and a reversing entry at the end of the period, which we'll talk about more, how to do in a future section or course. All right, let's take a look at the trial balance to see where we stand as of this point in time. We're going to run it. This is where we're at. If your number is tied to these numbers, great. If not, try changing the range. See if it's a date issue. We got the assets, liabilities, equity, income and expenses. Assets include cash, accounts receivable, inventory, investments, payments to deposit, prepaid insurance, accumulated depreciation, a contra asset, and the furniture and equipment. This is the stuff that we own. We have claimed to measure not in units but in dollars and in the flip side of the coin. Who has claimed to those particular assets or those assets? We have liabilities accounts receivable, visa, the government for sales tax, the bank because we took out a loan, the government for payroll taxes. And then we have our portion of our assets and that the company basically owes to us. If we were to liquidate the company, what would happen? We would sell all these assets and get that amount of money. Although we might, it wouldn't be exact because notice we don't have the cash. We have it sunk into all of these assets. We'd have to liquidate the company, sell the assets and then pay off the liability who we owe. And then the net would be ours equity section, assets minus liabilities equals equity, investment of the owner, the owner's equity, which would be similar to retained earnings if it were a corporation, and then the income statement showing the current year of information, revenue, credit side, expenses, debit side, credits minus the debits on the income statement would be net income. And if we rolled that into the balance sheet, it would go into the owner's equity, otherwise known as the retained earnings. If it was a corporation account, the retained earnings then representing basically the earnings over the life of the company, which have not been distributed to the owners in the form of dividends. If a sole proprietorship or partnership or I'm sorry, draws if a sole proprietor or partnership and dividends. If it were a corporation, let's change the year up top to the next year. So we can see that 01, 01, 2, 5, 01, 01, 2, 5, run it. And you can see that it squishes it down to one number. This is where we would stand as of a point in time, just the balance sheet accounts instead of having the timing accounts broken out to give us the activity of where we went from the period before that to get to the current period that we're current at, represented by what you can think of as the bottom line of the balance sheet, adjusting the accounting equation from assets equal liabilities plus equity, two sides of the coin, to assets minus liability equals equity, the book value of the company, the value in theory that you would get if you were to liquidate the company selling the assets, getting the cash, paying off the liabilities.


In Milan, he met the man who did perhaps more than any other to help him toward conversion, the Bishop St. Ambrose. Augustine confessed to God, to him did you lead me, unknowing that by him I might be led knowingly to you. Ambrose was one of the great doctors of the church. He was widely celebrated for his firm orthodoxy in the face of heretical opposition and a compelling eloquence in preaching that displayed great learning and clarity of thought. That man of God welcomed me like a father, Augustine recalls gratefully, and I began to love him, not first as a teacher of truth, but as a man kindly disposed toward me. What a wise reminder that our love for others can prepare the way for their conversion, even before they are able to accept the truth of the gospel.