Good morning guys. In Ehrenburg, if you haven't seen previous videos, that is over by the Colorado, Arizona border. I've been hanging out with the nicest dude named Badge and his wife Elle and their dog Patch. Just to get you up to speed, Badge is a mechanic. We've been fixing tons of stuff. Right here, this is a new steering wheel with cruise control. Alright, so let me go through how one of these shakes in the morning. This thing is a little bit too powerful for the bus. I have the alternator running, the bus is running right now. This thing draws like 1.3 kilowatts, so at first step it's a touch screen, so you've got to hit the power on. And it's too powerful. Well, I guess I'll just show you. So if I hit the plus, which is high, it'll just turn off. See what I'm saying? Alright, so this is what I do. Since it's already blended once through, whoops. Hang on, there we go. Since it's already blended once through, so I just hit the minus button on here, like several times. Here's try number two. Once it starts blending, I hit the plus. Sometimes it takes up to like 10 tries, depending on how much stuff I put in there, especially if there's frozen berries. It has an initial power surge right off the bat, and just can't keep up with it. I know somebody is thinking, what did you put in there? Well, it's a peanut butter banana kale protein powder smoothie with like 20 something ounces of water. And I should mention there's chia seeds, flax, almond meal, and the protein is made out of and kale, and it's all mixed together. Got something on my face? Today is the day we're putting this new old steering wheel with these fancy cruise control buttons in Danny Adventure Bus with the help of a badge right here. This is not the same switch there, but badge thinks we can replace this part with that part because these connectors, as you can see, are different. So, hoping that, because this part goes into there, and that part wouldn't go into here. So, hopefully we can swap out. It seems to be a lot of the same components. This is out of a newer bus, if you saw the previous video, when I went to the junkyard. But most of the stuff is all the same in the Ford front end. Here's the moment of truth.  Success! Great success! It fits, Jax! Alright, so in order to get one of these plugs off of the blinker, you have to remove two torque screws right here. The blinker is different, so it's not going to work out. I don't know where I put the other blinker. Multi-function switch. Multi-function switch has different plug, male and female. So, I'm going to have to go to a different junkyard and get the proper blinker based on the year. The 2006, 2004 and up is different than 2003 and older. Close, but no cigar. No cigar. But this one here, just go get a new one. Okay. Because it's just a multi-function switch, right? It goes up, it pushes up. It is weird. For what? The cruise control. Yeah? Yeah, it's pretty good. Interesting. The wires are right here. Yeah, that's that little clip, right? Come together. Alright, what's the prognosis so far, badge? Everything looking good? Yeah. The only thing we're losing is the turn signal thing, right? Yep. Which is no big deal. No big deal. We upgrade them all the time. Yeah. Okay, so now all we have to do is pull the steering wheel down. This here, these two bolts. And you see how they go. Yeah. We have to drop it down and then get the shifter out, right? Because the shifter comes through here, right here. Right through here. Uh-huh. Yeah, we got to get that out of the way. Okay. So, other than that, we got her good. She's good. Alright, so one other thing was happening with Dan the Adventure Bus. There's a lot of play right here. And I thought to myself, you know, this thing could be messed up or whatever. That just pointed out that you just unscrew these and these. And there are bushings in there that you just snap on. So, that's why there's a little play. Nothing wrong with the transmission or anything. Just the bushing shifters. Shifter bushings. Something to mention. The steering wheel goes left from center three times and right from center three times. So, if you don't know where it is, go all the way to the right and then count the revolutions to the left and then take it back to the middle. That's it. What are you gonna do, man? I don't know. Look at that. I get to start it with my key again.  It's like going downtown. Wow, it's like Christmas. Let's see. Oh, we have a... So, this is slightly tighter than the last one. The last one was all over the place. So, we have this wired back together. I helped out. It's kind of easy once you have the same terminals. You just plug everything back together. A little bit kind of complicated to explain, but once you take one off, you can put it back together. It's a great note. Those are working. Well, the blinker yet, it's from the old blinker anyways. The only thing we got is a blinker that you said was an issue, right? So, you're gonna get another blinker. Yeah. That's just two screws, right? Yeah, two screws. And then we're gonna modify it. And then if I really want to, I can get those bushings and fix the wiggle issue. But I think this is better than the last one. And as long as I don't... I don't even know if you'll notice it. Yeah, as long as I know that it's not a transmission problem, I'm okay with a floppy shifter. We can tighten it up if you want. I'm gonna take it off and make some bushings with oil cans or something. Cool. All right, let's have a coffee break. Okay. These clips are broke, right? So what we're gonna do is we're just gonna... See, that's it. Uh-huh. So we'll just put a wire tie on there and hold that. Okay. Just to be safe. All right.  Yeah, me neither.  We actually ended up fixing a problem which I had when I would drive all of a sudden and knowing Ding would go on. And it turns out the inside lock cylinder thing was busted. That part right here. This is broken. So we took the sleeve off and we put it on. So we now fix that. Everything's back together here with the steering wheel. Uh, the... I'm using my original blinker because, like I said, it wouldn't fit in with the other... with the new blinker. And now we are playing with the auxiliary fan. That is for the rear AC blower. That is that thing right up there on the ceiling. So the old switch with all these, I don't know, diodes or whatever they're called, they were all busted and spinning around. So I got this piece right here, this Indak piece. This is the original knob and everything. So we're trying to figure out... We're trying to figure out... There's no label here. We're trying to figure out low, medium, high and off and on and stuff. So, anyways, it's been challenging. Oh, what do you guys think? Everything works. Low, medium, high. This thing works. Horn works. This doesn't move as much. Badge is a man. Thank you, dude. I appreciate that. Alright, everything with the steering wheel is all buttoned up. But we've got the Energizer bunny badge over here. He's...whoa! What's that? We're playing with the internal fan right now because the switch isn't working so... I don't know what the heck he's doing. I put 12 volts to it, right? It's called a power probe, right? Yep. And I can put power right directly to the motor and it don't sound very good, does it? Oh, that noise is... I think the motor is gone, Ski. Okay, so... How would I replace that? Right there. Myself. I'm gonna take this battery box out. The bolts and then just swap it in? I don't think that's been...that's not a new one. No, this is 15 years old. Can we put that there? Put it inside and then we put the power to the other. So he's trying to clip on the negative. Put that there. Alright, that's on. Then we put the positive... and then we push this button, right? And that puts 12 volts to it. So that sounds like a weak motor, huh? Just go see how much it's pushing out the vent. Okay. Hardly anything. Alright, so there's basically no air coming out. See, the heater switch has melted right away. Oh! Interesting. Totally, huh? Yep. That's...the problem is a bad heater switch. Bad heater switch.  Bad heater switch. Bad heater switch. Wanna go badge?  Bad heater switch. You're the best dude ever. This guy, I love this guy. He's so funny.  Aha! So there is...whoa! The whole backside is all smoked. Look at that. Yeah. See, it's all smoked here. And then it's melted right through here. That should be like that. It's melted right through. Interesting. So, let's... I'm gonna call the parts store and see if they have this. Hopefully they do. I would imagine they do. What's this? Long day. I think long video.  Maybe the pizza place, maybe not. I just want to thank this dude. For all of his know-how. Hang on, you can't even see him yet. For all of his know-how. Generosity, kindness, friendliness. And, um... All the above. All the above in a cute dog. And a dog. So, dude, seriously. I don't even know how to repay you. Thank you. Yeah, it's been awesome. We'll do a tour of his rig in another video. But we'll also get to chat with him about why he's living out here on the mobile life.


Thank you so much for joining us today and yeah today I'll be talking to you about translating Moodle with Moodle Academy. So my name is Richard LaFroy and I'm the learning and media technologist with Moodle Academy. Specifically today we're going to be looking at a course that we've released on Moodle Academy all about translations and we'll also be looking at the plugin that was mentioned earlier, a newly developed plugin so we'll have a look at that a little more in depth as well. So just a quick rundown. I'll quickly talk about our goal in creating accessible and inclusive content and then we'll run you through the course and run you through the plugin. Hopefully we'll have a little bit of time for questions and comments and wrap-ups afterwards. So first off if you were here for the presentation just before you would have heard all about Moodle Academy. One of our goals of Moodle Academy has always been to make our courses and content inclusive and accessible to as many people as possible and obviously as part of that we need to have our courses and content available in multiple languages. From its inception Moodle Academy has invited the community to help us develop our courses and present online webinars and now with the launch of our Translate Moodle Academy course and our plugin our community members are getting involved even further to make Moodle Academy as inclusive and accessible as it can be. So we'll have a quick look at our new course first. It launched this year the beginning of June 2022 and it launched in conjunction with the translation plugin. As with all Moodle Academy courses it's free and open for anyone to access and participate in. The ultimate goal of this course is to give those in our community who wish to help translate Moodle Academy content the background knowledge and the skills necessary to do so. So once a participant completes the course they're given permissions on our Moodle Academy site to begin translating content. So the course covers some general background information about Moodle's multi-language functionality, some information on the plugin which we'll look at shortly, some information on the AMOS translation toolkit which I'll talk a little bit about shortly. We have information on video transcript translation, we've got a few tasks for participants to get hands on and put their knowledge into practice and then a quiz at the end to test your understanding. So look I won't go into too much detail on the specifics of the course but I will just touch briefly on a couple of features which make it slightly different from our other courses. So as I mentioned in this course we are upskilling members of our community to take on the role of translating content so yeah there are a few tasks and requirements that we ask our learners to complete to demonstrate their competence in translating. We ask that anyone wanting to complete this course and become a translator is bilingual which makes sense. So there must be fluent in the language obviously that they are translating into and have at least level B2 English proficiency. So the very nature of this course means that not all members of the community will be able to undertake all of the required tasks to complete the course. Obviously though you know anyone who's interested in this is very welcome to sign up and take part. Video is a large part of the content that we develop for Moodle Academy so translation of video transcripts is an important part of making all of our content inclusive and accessible. One of the required tasks that we ask participants to complete is to translate a transcript of a video into their language and submit it to be reviewed by the Moodle Academy team. The video itself is just a short introduction from Martin for one of our other courses introduction to Moodle and participants will watch the video download the English transcript and then translate it obviously and submit it to the review by us. We then run an automated check on the translation. Essentially we're just sort of signing off on it and once that's done and they've completed the rest of the tasks participants are able to fully complete the course and they'll then get the necessary permissions to begin translating. So since the course launched Anna touched on these stats very very briefly. Since the course launched we've had 35 make that 36 participants representing 16 different languages as you can see here. Fully complete the course and their badge and they've gone on now and they've got the translating role in the Academy site and we've already seen a number of good number of people going in and actually begin translating our courses and our content which is which is great. All right so that's the course itself. We'll now look at the the plugin that was developed in conjunction with the course. So it was developed by Andrew Hancox who's in the audience today. I promised I wouldn't point him out but I'm going to anyway and yeah it was specifically developed for the purposes of allowing the community to translate Moodle Academy content. As I mentioned earlier launched in June 2022 in conjunction with the course as with all plugins it is now open and available for anyone to install on their own Moodle sites and you can find it on the Moodle plugins directory. I'll share just a few more details about exactly how to go and find it at the end of the session. So the plugin enables users with appropriate permissions to provide inline translation of content in a Moodle site or course for text that's not translated by language packs. So I just want to expand briefly on that last point just before we jump in to see how it works. So as some of you may be aware Moodle uses language packs to translate its interface into other languages so I won't go into too much detail on language packs but essentially this covers standard phrases and words which are included in Moodle core code so things like menu items buttons settings basically all terminology that is included in a standard installation of Moodle. These translations are handled centrally by a system called Amos using language packs and are then applied across all sites that have those language packs installed. So in contrast the plugin translation plugin is built to translate content which is not part of a standard installation of Moodle so that is content which is created or added within an individual site. So translations therefore exist only in the context of that site. So just to demonstrate here as you can see some of the elements of the Moodle user interface in this case so on the right here in this case it's a drop down menu of settings or options so those translations have been provided by language pack and then we have some other content which has been translated within the site itself using the content translation plugin. So just diving in a little bit into how it actually works. Once the user in the context of our academy site once the user passes our course we then give them the permissions to use the plugin so they can start by choosing their language from the language menu and then they will have another option to start in line translations. You can see here you've got a whole list of options but in the language menu start in line translations from the plugin menu and once you essentially switch that on you'll see something like this. So all translatable text on the page will have an icon displayed next to it to show its current status and allow it to be translated. There are three different icons which you know essentially indicate the translation status for any piece of content. Missing is for content which is not yet being translated. Stale is when the translation is out of date so this is going to occur when the original English language in our case content has been modified after a translation was provided and then obviously translated is content which has been translated and is up to date. As you can see in this example screenshot none of this content has been translated yet so the missing icon is displayed for each piece of translatable content. So clicking on any of those icons will allow you to add or update a translation. You can see on the left we have the original content as it was written in English and on the right you can provide a translation into your own language. In this case Dutch is what we're looking at. So once saved the translated content will be displayed on the page you'll notice the translation icon indicating the status of the translation has changed and at that point the translation is now visible to all users viewing that content with that specific language set. So you can see here that most of the content has been translated as indicated by the translated icon and we still have one stale translation and one missing translation. As well as providing translations on any page using the inline translation option we also have a view or you can also view and manage translations for the current language across a page or across a course or across a whole site by choosing from the other options in the menu. So selecting one of these options will display a report of translatable content either across a course or a site and you can then provide translations from here rather than having to visit individual pages and hit the individual icons. As mentioned earlier the plugin is open and available for anyone to install on their own Moodle sites and you can find it in the Moodle plugins directory. So it's actually a set of plugins you can search for content translations and translations to find them and of course there's further information available on the Moodle docs pages. Good timing. I didn't do my hair though. As with everything more information available on the Moodle docs pages by searching for content translation plugin set. And that I believe is about all we have time for. I'm not sure how long we have for questions. If we have a minute or two. Do we? I'll just move it down a little bit. Yes we do have a minute or two if you have questions in the meantime. Thank you very much Richard. Oh excellent. Yes I was wondering if it worked fine with the current a fielder translator or you need the new one and then previous content you have already translated using the old way. Yes so the plugin will plugins set a sort of self-contained so you would need to use those. We are looking, correct me if I'm wrong, we're looking at the ability to you know import existing translations from other sites. The other thing I would say is that for specific development of technical questions we do have two specific people in the room Rajneel, hello Rajneel and Andrew as well. If you want to catch them on specific sort of technical questions like that, hunt them down in the coffee breaks and you grab them. But yeah certainly importing existing translations is something that we are looking at in the near future. Thank you. Okay thank you Anton if you'd like to get your presentation up. I think we've got time for one more actually while you're doing that. Over there yeah we'll just get a microphone for you. I don't, Richard. Does it work side by side with the existing multilingual filter? No it does not apparently. But Andrew can take this one. So if you get the order of precedence of the filter right it will work okay, but obviously things might get a bit crazy.


Bi-color and tri-color light emitting diodes, or LEDs, light up in a particular color depending on current flow direction. The basic bi-color LED has two terminals, and the LEDs are connected back-to-back, anode to cathode. The terminal that is made positive determines the LED that lights. If a positive voltage is supplied to the green anode, then the green LED lights. If positive voltage is supplied to the red anode, then the red LED lights. With the two terminal system, only one LED can light at a time, limiting the device to only two colors. In the three terminal LED, the LEDs share a grounding cathode. Like the bi-color LED, a positive voltage connected to an anode lights the LED. When the wire connected to the green anode gets a positive voltage, the light turns green. When the wire connected to the red anode gets a positive voltage, the light turns red. However, because the two anodes are wired separately, it is possible to apply positive voltage to both wires. In this case, the LED gives off a third color, a mixture of the two. This color is often an amber color.


Hello, I'm Congressman Eric Swarwell, and I hope that this spiritual month of Ramadan has been one of renewal and renaissance for you and your family. I know it's not the way that you want to honor this holiday, but soon we will all be together, and the contributions of the Tri-Valley Muslim community have helped us weather through COVID. So, I look forward to seeing all of you very soon, and Ramadan Mubarak!


Hi everybody, Joe for Jaspy's casewrakes.com coming at you with our Bowman Baseball Mixer. This is a brand new release, 2020 Bowman Baseball. We're doing four jumbos, half of a jumbo case, and six hobbies, half of a hobby case. You see on the Nick Cam right there, he's gonna open up the hobby case and display the boxes and we'll roll the die, we'll select and roll the die and see which half we're gonna do. And we'll do the same thing with the jumbo case too. But while he's opening up those cases, let's go back to this list right here. We gotta see who's gonna win the Yankees. So whether you won it or whether you bought it, everyone has a shot in this break at the Yankee. So let's take out that little spot right there. All right, let's roll it and randomize it. Five and a one, six times. One, two, three, four, five, and a one. Sixth and final time. After six time, name on top. Good luck, everybody. Name on top of the Yankees. Ooh, Mike McCarthy. Ooh. All right, Mike, congrats to you. You have won the Yankees, so you get that little rooftop symbol next to your name. Let's print, and then let's select. All right, so I like that die right there. So we do, what are we doing first? Jumbo. So that's, you can see the jumbo cases right there. One, two, three, for this side, four, five, six for that side. So one, two, three, left. Yeah, our left. Yeah. Their left. One, two, three, four, five, six. Right. It's four right there, so we're doing that side. So this side's out. So that side will be for break two. All right, mixer two on there. Same thing right here, one, two, three, four, five, six, one. So it'll be that right there. This we're gonna write, we'll write mixer two on there and we'll try not to mix up the stacks. What would it be? What was that side? Did I take that side? No, you got me all thinking. It doesn't matter. Yeah. It's randomized. It's gonna be one way or the other. All right. Okay. So there's the final print out right there. 10 box mixer, jumbo and hobby mixer. We're gonna do hobby first. Thanks everyone for getting in. Really appreciate it. It started with a hobby stack. So just one auto per box and hobby, right? Traditionally. And then what? We have other parallels. Yeah, you can find oranges and hobby only. Or yeah, so the oranges and hobby only with junk, so just like in previous years. Couple other public service announcements while I'm doing this. We're only paper doesn't ship at all. Except for Jason Dominguez, Yankees, Bobby Whitjr, Royals, and Robert Possum, A's. So those are the only three players where their paper cards will ship. No one else will. Just the way it is. I think those paper are being donated anyway to a good cause. All Chrome obviously will ship. Other public service announcement. So since these are all half case breaks, one and two are always from the same case. Three and four will be from the same case. Five and six breaks. Five and six will be from the same case. So in the instance that like, let's say six sells out before five. That's a fresh case. And then five would just be the second half of the case. I think that makes sense. So a lot of Bowman on the side, ladies and gentlemen. And we do need to move a couple of mini breaks to unlock even more Bowman. As soon as a couple of mini breaks fill, all of a sudden we'll have four Bowman breaks in a row. So go get those filler breaks, ladies and gentlemen, the mini breaks to pack a jumbo. Did you watch the video? I figured someone would have said something in the chat if we grab the wrong boxes. No, we got it. Everyone was mum, so. It's the gratorial that you hit a zebra on the twins down. So he's on the A's, or Dodgers? Dodgers edition. He's twins on this. Oh, he's twins in Bowman? So what team does he currently play for, Dodgers? Dodgers, yeah. So Bowman's wrong. Yeah, Bowman is wrong. There's Robert Post and Chrome. Dylan C's blue at a 150. Where's my paper pile? Chrome pile, or I gotta make sure I get all that right. We're sorting out the paper as we go. All right, there's Dylan C's to 150. There's Robert Post and Chrome for Chad Wright and the A's. You are correct, Jack, I see you with the Dodgers. Did I see the two hour long police chase that happened in LA today? No, I wish I did. There's DeSanne Brown, atomic to 150 for the Blue Jays. That'll be for JC. And there's our first Jason Dominguez paper. That guy's pretty good. Casey Meis to 250. And there's my guy right here, Gavin Luxe. That old Bowman design. His name is Robert Poston. His name is Robert Poston. It's a fight club, right? Have you ever seen a fight club? I think it's Poston, yeah. Even though the U and the A are reversed, Pouasson, yeah, I don't think it's Pouasson. I'm just saying Poston. There's Jason Dominguez. I like these, what's this set called? I don't know, but I like it. It's like the international flavor to it. Right there, I think it's pretty cool. Well, in the movie, it's Paulson, but in this. Have you ever seen a fight club? It's pretty good. It's pretty good. That's definitely gotta be on the list. All right, is that our first autograph? It is. Chris Vali-Mont, 149 out of 250. Twins, that goes to Jordan Cohen. All Chrome ships. Oh, spanning the globe, that's what it says. Okay, I couldn't read those words back there, Rick. Thank you. Not only do all Chrome first ship, Jack, all Chrome ships, everything. People were asking. More jumbo PYTs, maybe tomorrow, ladies and gentlemen. Depending on how many we sell tonight. Keep your eye on the website. He said he's coming in tomorrow at 10. Whoa, there you go. His name is Robert Poston. There it is, paper A's, Chad Wright. No, we're not even close to that, I think. Jason Dominguez, Chrome. So what are our Jason Dominguez prices? What are the base going these for these days? Ladies and gentlemen, anyone have any? Yeah, I don't know. Paper like 30 bucks, what about Chrome? Maybe almost a hundred for what autos are going for like a zillion dollars? Yeah, a lot of release date because you don't know what prices are real. Right. I had a dream of pulling the Super Fracture tonight. Wow, you had a Super Fracture dream? Yeah, it was an extra domice. Wow, an extra domice? And last time that happened, in Japan, I pulled the Chrome domice. Wow. Here's another box, a second box. So when we started the break, ladies and gentlemen, I had nothing sold out. So I know there's probably things sold out by now. So if that's the case, we'll eventually go through orders and get it added to the schedule. So just keep that in mind. Currently I have nothing on the schedule after this. I think Select is supposed to come up after this. Glenn Allen Hill Jr. Yes, son of that, Glenn Allen Hill, $4.99. Farron Redding saying, I realized that Jason Ming is his 5'10", 190. Stout for a 17-year-old, yeah. We got Ronnie Maurizio to 125. I feel like he's got like a, I'm doing the same video recaps. And I just write in the description recap at the end. I think so.  Ooh, next autograph is that speckle, Connor Cannon to 2.99, I like that.  Still young though, still has time to shed that baby fat. So if he's this good now, imagine when he's got a man body. This is for the Giants. That's gonna go to Michael Tran. There you go, Mike. Three out of five, Hidden Fines, Jordan Balazovic. Nice. My first bowman train whistle going to Jordan Cohen and the twins. There you go, Jordan. All aboard the Big Head Express. Woo-hoo! Trying to separate the paper as we go along here. That's what Maryfield's gonna get into a little bit of a groove here. You can find some more of the big names or maybe another nice parallel. We found the auto already. Another Robert going to Chad Wright. There's our first Bobby Whit Jr. paper for Matthew Shearer and the Royals. Nice, the number two overall pick was not in bowman draft. So this is his first time in bowman, bowman baseball. I think someone was saying, is this true, Nick? They skipped the second overall and then put him in bowman baseball and draft that traditionally, yeah. Just put him in draft and have it just to make it. Right, yeah. Oh, right, they wouldn't have, like, undrafted international prospects. Right, right, right, yeah. Sometimes they do put him in other sets. All right, so that was another box. Here's another box right here. I think these are still the hobby boxes, folks, in this pick your team mixer number one, bowman pick your team mixer number one. The hobby pattern is not as friendly as the jumbo box pattern. There's our autograph. It's Lindsay Delgado for the White Sox. That's gonna be for Jeremy Tillman. Next little stack here. These are the bowman scouts cards this year. I think the layoff helps Otani, maybe? Keeps that arm fresh. Thank you. Keras Matic, no break schedule at the moment. When we started this break, nothing was sold out. So I don't have a schedule yet. We still have to go through orders again. I think select baseball must have sold out, someone said. So maybe that's gonna be coming up next, the second half of that case we popped open a little bit earlier. And then we do have some mini breaks that need to be accomplished to knock out some more. We've got 23 left in a mini break that'll fill up jumbo four and five. So there'll be two jumbos back to back. We're halfway there on break two, or jumbo pack two, which will unlock hobby, pick your team one and two. So there could be four, two jumbo case and two hobby case, bang, bang, bang, bang. Once those mini breaks sell out. Yeah, Jason Dominguez, his nickname is the Martian. So I mean, he ticks a lot of boxes. He's on a big market team. He's a young up and coming town. He looks like he's been playing well. I see he's on a big market team and he has a nickname. In fact, there he is right here. Jumbo three, we already did. Jay Cornell, he did that. So that video should be up. Yankees, Mike McCarthy, who won the Yankees in this victory. Yeah, if you don't see your break on the side, that means it's probably been completed and it's uploading or uploaded. Ooh, and another red, that's JJ Bladet. Three out of five red shimmer. Big Marlins prospect, Fred Williams, who won the Marlins in one of our jumbo packs, jumbo pack number one. Nice, fourth overall pick in the first round in 2019. That's pretty solid. Fred, out of fives and under, get the train whistle all aboard the Big Head Express. Woo-hoo! All right, Bobby with Junior second overall pick going to Matthew Shearer and the Royals. Next hobby box here. Darren Redding said this off year should be great for Ohtani. That's what I figured. I mean, I think, I mean, he, I think for the players, just to say in general, I think for the players who have been banged up, especially pitchers with arm issues, that extra year has got to help. Just that way, maybe Ohtani would have been perfectly healthy now. Even if he goes now, but, you know, no need to rush. Or that's his right arm, but no need to rush. Where is he, left handed? He pitches right handed, right? He bats left. So that elbow on the other side of his body right there. So like, no need to rush it. Jason Amingas spanning the globe. Yeah, I read that too, that his, that he is named after Jason Giambi. There's Bobby with Junior again. Yes, yes. Once again, Jay, we did Jumbo three. That video is up. If you don't see it on the site, ladies and gentlemen, that means we probably broke it and the video is up. Well, let's see. Oh, random team. Sorry, you're talking about random teams. Well, that's not even sold out. So, yeah, so whenever that sells out, sorry. I thought you meant to pick your teams, my apologies. But yeah, obviously it's not sold out, we can't do it. Whoa, you can do that, yeah. Kyle, oh, there's the number right there. Kyle Lewis, 17 out of 50 for the M's. That'll be for Jordan. Two hobby and then all of these are Jumbo. These two are hobby, the rest is Jumbo. Perfect, thank you. Thanks to Nick, this makes the break go probably 20 or 30 minutes faster. So I appreciate that. I'll be helping Nick with some cases later tonight too. Makes it loads easier for everyone. There's our autograph. It's another Oriole, it's Adam Hall. One out of 50 for Adam kids in the hall going to Chad Wright. Someone, Fred Williams saying nice JJ Bladet. Someone let Fred know that he is lagging behind and asked him to catch up on the video. I wonder if anyone's actually tried that, Mark. Mark saying, just break it before it sells out and then sell the teams afterwards.  Could be spicy though. Think anyone's ever done that? Yeah, it kind of does defeat the pur... I don't know, it's a different twist if you think about it, Darren. What if we didn't sell the Yankees, opened up the case and then all of a sudden a Dominguez Superfractor comes out, right? How much... Then you would just open up the bidding for the Yankees and see who buys the Yankees with that Jason Dominguez Superfractor. That's for Mike McCarthy. And then we would probably cover a lot of our cases. There's Bobby Witt Jr., Chrome to 150. Be a hell of a risk on our part though. Royals, that'll be for Matthew. This guy, Darren, right? It's supposed to be pretty big. I guess it would just be like running a car show in eBay. Yousai to 499. That goes to the M's, that'll be for Jordan Cohen. Other hobby box, I see a little orange in this one. You see right there, little orange. Here's the second hobby. Or the last hobby right here. And then the rest of these are jumbo. Four boxes split into stacks of eight so they don't get too tall. His name is Robert Pawson. His name is Robert Pawson. That goes to Chad Wright. Yeah, Darren's excited about those Mariners prospects. He snagged all of them in all the hobby cases. Yeah, we've talked about this before. I think they're, the couple of nice Jason Dominguez is there. I think that the Mariners have some low key could be really great in a few years. I mean, if everything kind of, if everything comes together, of course. McCarthy, more Jason Domingue for you, including this Spanning the Globe one. No big Dodgers as of yet, Jack. Unless, no, that's a brave. That's Haseel de la Cruz. Yeah, those mini boxes, those mini breaks will fill. It's Hunter Dozier. I was like, did I miss the Bobby Whit? No, it's Hunter Dozier. There's a Chrome Bobby Whit, Jr. Chrome Keeper Ruiz for the Dodgers. Matthew Scheer with the Royals. Well, listen, Sebelfield, again, and everybody else. We're here, we're here until 6 a.m., the latest, so I'm sure we'll get those mini breaks filled. Because once we fill those two, like two mini breaks, bang, all of a sudden there's four cases of Bowman we're about to do, so. It'll happen. That's a 75, Mike Soroka for the Braves, Michael Tran, and a Chrome Robert Possum, set that aside. Kind of makes me hungry. There's the orange, it's gonna be Evan White, 7 out of 25 orange paper for Jordan Cohen and the Mariners. We've got Dane Dunning to 2.99. Bobby Whit, Jr. in that old design I think looks really sharp. And there's Dane Dunning for the White Sox, Speckle for Jeremy Tillman. Daren says it looks like we're getting close to NHL coming back, yes, that's true. Baseball I'm worried about now. I feel like the owners and players really just don't get along. So I feel like that's gonna be a bit of a struggle. Like I feel like basketball players and ownership tend to get along a little bit better. Another Bobby Whit, Jr. paper. Going to the Royals, Matthew Scheer. Is that right, Steven Punk saying I'm gonna pull a Bobby Whit, Jr. one-of-one in this break, Super Factor, that'd be nice. That would certainly make Matthew Scheer very happy if that came true. Here's the last hobby case or hobby box of this mixer. Pick your team one. I love these atomics right here. Wait, Daren Redding, you're up in the Pacific Northwest, right? Seattle's getting, I know it's kind of a longer break so we can kind of go off baseball topic here. Seattle's getting a hockey team. Now, I know there's like a name the team contest happening. What name are you in favor of? They already named it? Are they? I think that's the XFL team. They had a great logo. I love that XFL's Dragon's logo. I like Saqai's too. What were the other options? I think the Seattle Totem was one. I think I liked Crack, oh yeah, are they going Kraken? I thought Kraken or Saqai's. But I thought Saqai's would be better, right? Oh, was it the Totem's plural? I thought it was just the Seattle Totem. Like the Wild. Totem's Emeralds, this is what ICS is saying, Orca is saying. Totem's Emeralds Rainieres, all right, like the mountain, I guess, Saqai's Renegade Sea Lions, Seals, Evergreens, Whales, Pubers, Eagles, Firebirds. Yeah, I don't know, Saqai is great, right? It's, you can fish for Saqai in the area, right, in local rivers. Nice, there's Ford Proctor for the rays. And Saqai, right? It's fighting in hockey. Double meaning there, obviously. I thought it was good, I thought Saqai's was the best one. All right, that goes to Robert Throne, who has the rays. Nice. Yeah, I don't like Kraken either. Yeah, it feels too expansion-y of a name. I think Kraken's been kind of used, I mean, I like the idea of a Kraken, but I think there was a movie where Liam Neeson had released the Kraken. I think there's a Kraken like rum that's out there in the world. I think it's kind of been used, you know what I mean? Like, I feel like it's been used in popular culture enough times where you're kind of like, eh, we need another Kraken? I say no, I say go with Saqai. I feel like, feels pretty timeless. Stephen Punks saying Super Sonic's coming back would be good for the hobby. What, the basketball team? Corbett says they should have gone to Super Sonic. I think the basketball team has the rights to that or whoever, I think the NBA has the rights, reserve the rights for that. All right, so the hobby boxes are done now for the jumbos, which should be a tiny bit faster. We're actually making good time on this. Yeah. All right, so here's half a jumbo, they're half jumbo, half jumbo. It's all down on the screen. Yeah, it's close enough, there we go. Alec Minola to $4.99. Although yeah, I think Corbett makes a good point.  Yon Diaz for the Rays, that's gonna be for Robert Throne. I wouldn't be surprised if they had that conversation. If whoever has the Seattle group starting the hockey team, whoever the ownership is, I wouldn't be surprised if they did talk to the NBA and were like, how much would it cost? And then NBA was like, a zillion dollars. You know, we wanna have that for if and when basketball ever returns to Seattle, so they probably did some sort of wacky price. Do we think basketball goes back to Seattle? Another Bobby Whit paper for Matthew and the Royals. And we've got, oh, I'm not gonna, how do I pronounce his name in there? Sherton Apostle, Rangers. Adam Cupperman, who won the Rangers in that jumbo pack. Yeah, you know, I want baseball back as well. Yeah, the Pacific Northwest is really, really taken to the MLS teams. MLS is doing pretty well. But yeah, I would love to see basketball back. I'm not sure, I don't know if the NBA should expand to 32 though. I feel like 30 is a nice number for, I feel that way with baseball too. So that, I think 30 is the right number for baseball and basketball. So that means the team would have to move. What team would move? What NBA team would move? We gotta think of, make sure that the conferences and divisions are correct too. So what NBA team would move to Seattle rebrand as the Super Sonics and go from there? Okay. All right folks, well let's knock out those, let's knock out those mini breaks. There's a one-pack break that sells out hobby, pick a team one and two at the same time. Well, that's what I was saying. If we do two one-pack breaks, we've got four cases happening. So it'll happen, but let's do that sooner rather than later. Oh yeah, we can kind of gobble up some time there. Which sport do I think comes back first? Probably basketball, basketball or hockey. I mean, of the major sports, because golf is kind of coming back, NASCAR is already back. Jeremy 33 is worried. Like I was saying earlier, I'm not as worried about NBA because I think the players and the, listen, let's put it this way. I don't think the concern for the major sports, because we're not going to have fans. That's just something we're going to have to accept. There's Hans Kraus, but I think it's coming down to a money thing. You know, how players are getting paid and how much owners want to pay and how much money is being deferred and all that sort of stuff. Because everyone, the leagues are going to come back. They're already agreeing to that. I don't think they're as concerned about the health issues anymore as much. So I think there's Aaron Ashby. Is that Andy Ashby's kid? Oh, uncle, there you go. Remember Andy Ashby? So like I said earlier, I think the players in baseball and the owners, getting them back together and agreeing on how they should get paid, I think that's going to be a big struggle. I think it's going to be easier for the NHL, NBA, MLS, I think they're going to, they're going to have an easier time negotiating all that. So I think it's just going to come down to which players association has the best relationship with the league and the owners. And baseball is not it. There's a lot of, a lot of contentiousness. There's already going to be a battle with the new CBA after a collective bargaining agreement, after 2021 or something like that, right? In baseball. So the players and owners are already gearing up for a battle there. Now this happens. There's Sam Huff to 250. Nice Sam Huff for the Rangers. Adam won that in a team random or a mini break that is. So I think that's the challenge. Sports is going to come back, but how it's going to come back, how players are going to get paid, what kind of revenue owners are expecting. Jack, there'll be a recap at the end of this video. But no, the answer is spoiler alert, no, though. They also have to figure out the, but yeah, the hard parts of the money. It's going to happen. They just have to figure out the money. Because I think Florida's pretty much open for sporting type of events. Arizona, Texas. You know, those are a couple of states that can kind of handle maybe a group of teams being in a central location all at once. I do like the idea of maybe not doing the rest of the NBA regular season. There's Omar Estevez for the Dodgers to 499. You can go nice refractor autograph. I do kind of like the idea of scrapping the rest of the regular season for NBA, doing some sort of mini play in tournament, right? For the teams that were kind of on the bubble of getting into the playoffs in the east and the west. And then you just run the playoffs in like Orlando at Disney, you know, and teams will just be at different resorts, right? And their families will be at different resorts. So they'll be kind of contained there. And then they play. I think that would be a lot of fun. Bubble sports can't work because every team comes with team doctor family insurance. Well, yeah, I mean, but it's not a, it's a problem that money can solve. You accommodate all of them. That's, you just, you just have to pay for that. You accommodate everybody, test everybody, monitor everybody. Otherwise, you know, otherwise we're just canceling it then. And at some point there's just gonna be the idea of what is an acceptable level of risk that the teams and their staff want to take. There's Isaac Perrettis, 250 paper, Microman paper piles. What's the NHL doing? A proposed 2014 playoff? That's kind of wild. All right, there's Connor Cannon, Giants, Michael. I'm gonna do the second, second Cannon there. All right, so now you're talking one-on-one NBA playoffs, just your best versus my best. And that just determines it. Who doesn't want to see a LeBron James versus Yanis, one-on-one for the NBA finals. So Logan, that would be must-see TV. Or three-on-three street tournament. Yeah, I'd watch that too. Just bring him to Venice. Just bring him into Venice.  Little classic, classic, yeah, classic shirts and skins. Yeah, you call your own fouls. Yeah, LeBron does already anyway. So wouldn't be that different. Cal Mitchell going to the Pirates, that'll be for JC. Wait a minute, I think we figured it out, you guys. I think we figured out how to bring NBA back. See, I like the pattern. Pattern in the jumbo boxes a lot better. There is Ezekiel Durenne. I think that's another one of the bigger names. Maybe not as big as Jason Dominguez, but there he is, 24 out of 250 for the Yankees. That's gonna be for Mike McCarthy. Another Bobby Whit Jr. paper for Matt and the Royals. All right, almost done with this stack, and we've got just two more jumbo boxes to go, and then we are done. Oh, was someone saying that Hobby 2, Hobby Random 2 sold out? That must have sold out after the select. So we'll do that after select, by the way. Yeah, that's kind of a big news of the day that I don't think we talked about yet. Jerry Sloan passed away. Maybe Jason talked about it in the morning. But yeah, I haven't, yeah, that's kind of crazy. Long time coach, very successful. Pretty well, pretty respected, I want to say. What's funny is that my cousin and I were watching the last dance together, and this was a few weeks ago, the episode a few weeks ago, two, three weeks ago. And my cousin was like, he's a big sports guy like me, and he was just like, yeah, Jerry Sloan's dead. I was like, he's not dead. We looked him up, not dead. And then all of a sudden today passed away, and I was just like, I was like, he jinxed him. I blame, I blame, you can blame my cousin. That's basically what I'm getting at to this fall. What did he, how old was he? What did he pass, what was the cause of death? I didn't think he was, must have been cancer or something. I don't, I don't, I don't, I didn't think of him as being old, I guess. 77, 78, that's, oh, Demention Park in those things. We've got Chris Valamont, Speckle 230 out of 2.99. That's for Jordan Cohen and the twins. All right, so this is the 10 box mixer. Pick your team number one, ladies and gentlemen. These are the final, final stacks right here. So we're almost done. Select baseball coming up after this and maybe some hobby random teams as well. Full case random will be coming up soon too. And there's another Connor Cannon, some color this time for the Giants to 150, little oppo, joe, mojo for Michael. Right, right, right, he had Demention Park and then it's kind of in and out of it for the last, out of it for the last 10 years. Yeah, I think, I think maybe my cousin, I brought this up because we were wondering why, I don't think Jerry Sloan was interviewed for the last dance. And that's when my cousin was like, I think he passed away. And then that, that, I guess that makes sense. Jason Dominguez, Chrome, which I'm sure we'll do fine on the secondary market. So that Robert Possen, A's, another one for Chad Wright and another Jason Dominguez for Mike McCarthy who won the Yankees in 10 box mixer. Pick your team number one, half of a jumbo, half of a hobby. We've got more of these in the store, ladies and gentlemen. So if you want to go big on a half and half, halves these fifties, we can definitely do it. And we've got another Ezekiel Durand for Mike McCarthy and the Yankees. I like the design this year. I like that there's actually a border here. I kind of, I kind of saw what they were doing with the, with the border that had cut off on the side, but there's Royce Lewis. I think this looks a lot sharper. Bossman was also mentioning that, he pointed out something that I didn't really notice. Mike was saying that last year's Bowman looked really dark, like the photography was really dark. And so this year's Bowman just looks a lot brighter, which I think, which I think he's spot on, right? It looks brighter this year. When you, when you get these in the mail, ladies and gentlemen, when you get, hopefully we'll have stuff to send you, when you get these hits in the mail, just compare them to last year's. And I think you'll, I think you'll see the same thing. Five out of 75, John Diaz for the Reyes, Robert Throne, that yellow paper to 75, Chrome Bobby Wood Jr. This is our first Chrome Bobby Wood Jr. from, yeah, it looks clean, right? Yeah, I think it's, it's a good design. I kind of like that little extra, extra border pattern in the background, a step and repeat pattern like they use in Hollywood. Ooh, good eye, Rick TCB saying, Rick saying Cardinals are the only team you notice that have two different logos on the cart. Some have STL and some have the Cardinal, on this part, that part, or both, both front and back. It's very, that's interesting. It's gotta be, maybe the birds are a variation. That Mendoza goes to the Nationals and we've got Oscar Gonzalez to 499. Indians, that goes to Matt Buckler. There you go, Matt. Dustin, what's up? Your question is, can the resale market keep up with the prices for these new products? I mean, bone first at 750 bucks. Can that keep up now? Learn to bring the bones out, to make it's price already, no, no, no, no, no. Well, no, I mean, it's like any fluid market. Valleys are gonna go up and down depending on what's out. So, I mean, if you're looking to try to make a profit or something like that on stuff like this, yeah. I mean, it's just being sharp. Knowing when to buy, when to sell, just like to stop market. Knowing what players that you wanna keep or what products you wanna keep for the long run, what players you want to not keep, maybe make a short-term profit, stuff like that. I mean, there's all sorts of different ways to approach it. Some people just collect for the, just the love of the game, that's fine too. There's no right or wrong way to collect. But I think most people, if push comes to shove, most people would be like, yeah, I mean, let's not go, we're not gonna go hard on Jason Dominguez' Bowman 1st edition because that was just kind of a sampler, a little warm-up to the real thing, you know? So, yeah, I think push comes to shove. I think a lot of sharp collectors probably didn't go big on Jason Dominguez' 1st edition, because we're waiting for the real edition, the official edition, if you will.   Dustin's saying, if you had told me two teams, only two in one break would cost a total of 2,000, you would have laughed me out of the room. I mean, listen, we're also following sort of general market trends too. Yeah, we're pretty shocked about some of the prices on these things too, from our end, as a business. Yeah, it's wild. There's Damon Jones, Philly's. Philly's Autograph for Matt Gomes. But I think with any of this stuff, you gotta treat it like any money market, any fluid money value market, you know what I mean?  As a whole, things are trending up, just keep that in mind, you know? The big manufacturers are not interested in going back to the dark days of the 80s and 90s, you know? There's Adam Hall to 299. But just naturally, markets are gonna go up and down. Chad Wright with the Orioles.  Not every year's gonna be a Zion year, unfortunately. But I don't know, before the 1819 basketball season, I don't think Luca Doncic was on too many radars. And so there's always someone that emerges that'll help buoy the hobby a little bit. There's Colton Welker to 250. Listen, if there's no Zion next year and prices normalize a little bit, whatever normal is, that's a good thing, right? Because then it has room to go back up again. There's room to go back up and maybe even push the ceiling again further a few years down the line. So I think there are, in my personal opinion, there's the short-term view at this and then there's a long-term view at this too. Dustin's saying, we know the new investors have no clue in the difference between first. Well, I don't know the first thing about stock market and buying futures, any of that stuff. I'd be just like that new, getting into it. So maybe we're getting to a point where we have to be a little bit sharper than a casual collector to really take advantage of this. But I mean, it's up to the buyer, I think, right? To know what the difference is between first edition and other editions, in my opinion. The burden of the research is on them. You can't find a, no, you can't find, that's a little frustrating. You can't find blasters for anything, I agree. At least, you know, they're not over-producing. If you can't find stuff. So there's that silver lining. I can't find a blaster box anywhere. At least they're not over-producing. That's the silver lining, right? That's a good point, Jack. Yeah, Jack Vane's saying, listen. Bowman first edition, I don't think it's gonna be a regular thing. I think it was just like a special sort of, you know, COVID sort of, COVID pandemic related thing. Cause they were just like, ah, sorry we can't, sorry we had to delay Bowman for two months. You know, here's a little, here's a little taste, you know? Oh, those black, are they going straight to us? I wish we got more, I wish we were able to get more. Not that much, that's true. Yeah, we wouldn't have broken too much retail of anything. Yeah, maybe there should be, maybe there should be some adjustments on how things are distributed. Maybe that's a good argument. I don't, that I can't really speak to. I don't really know exactly how that part of it works. Like I'm saying, any market, there's gonna be ups and downs.  This could easily go down. And then we'll be wondering, oh man, I wish we had, wish more breaks from moving. All right, there you go, ladies and gentlemen. Good convo, strong break right here. That was a 10 box mixer, half hobby, half jumbo of the brand new 2020 Bowman Baseball. Slammed that together. That was Pick Your Team One. I'm Joe for jashbscasebrakes.com. We'll see you next time for more, bye-bye.


Hello, in this presentation we will take a look at the reversing entry related to payroll. In order to do this we first need to think about the adjusting entry and then consider how we are going to reverse the adjusting entry and why do so. So this is going to be our adjusting entry we've looked at in the past where we had the debit to wages expense and the credit to wages payable. Why do we have the adjusting journal entry? We know that if the payroll happens sometime in the next time period, meaning after the cutoff date, it's very possible that a few days happen before the cutoff date and we're then going to have to adjust for that recognizing the expense in the time period that it was earned. So the adjusting process, remember, happens after the normal accounting cycle. We have the normal accounting process where we have invoices, checks, bills. Then we do the adjusting process to be more on an accrual basis as of the end of the month or year, end of the year in this case. And then we are going to do that adjusting process to make the financial statements. Payroll is one of those items that typically will need an adjustment. Why? Because when we run the payroll cycle we're always going to be thinking, hey, we're just going to let the payroll cycle run on whatever is easiest for the payroll cycle. We don't want to mess it up by trying to force it to fit within the cutoff date because that makes payroll more complicated than it already is. So we're going to say, we'll let you run however you run on the payroll process. If you just record the transaction when you create the checks possibly, then that's one way you can run this and then we'll just make adjustments at the end of the time period. So in this case we're saying that payroll that's close to the cutoff date happened on January 4th of year two and that means that probably some of it was over here before the cutoff date, meaning people worked before December 31st who were not paid until after the cutoff date and therefore in order to be in accordance with the matching principle to record those expenses, we need to pull back what was earned into this time period. The way we're going to do that is our adjusting journal entry. So of course we'd have to do some type of ratio and figure out how much had been earned before the cutoff. Then we're going to debit the wages expense, credit wages payable. This is the adjusting entry. So wages payable going up meaning we owe the employees this money. The only reason we owe it is just the short term time period. It's been whatever the time period is if we pay people weekly, bi-weekly, semi-monthly or monthly. It just means that this will be paid when we pay them, but there's that time period over the cutoff date that we have to record here. Then we have the wages payable. Wages payable or wages expense should say wages expense is increasing and we're recognizing that expense in the time period that it has been incurred that will decrease net income. So net income is revenue minus the expenses was at $88,680. Then we increase the expense $2,500 bringing the net income down to $86,180. That's our adjusting process. Now on the reversing process we have this issue of this will mess up our payroll process and once again we don't want to mess up the payroll process. It is possible for payroll to take into consideration our adjusting entry when they process the payroll, but that's going to complicate the payroll and it might be easier not to do that. Not doing that would involve having a reversing entry. This would be the normal payroll entry. If the normal payroll wasn't taken into account our adjustment here and was just to record their normal payroll, we're going to say that they process payroll as of the 1,4 2000 next to the second year. They process the payroll and we already had the adjusting entry here. So if they processed the entire payroll then it would be overstated in terms of the wages payable and we're assuming it's going to go into wages payable and then pay it later. So we're going to debit wages expense, increasing the expense for the payroll credit wages payable rather than cash and then we'll credit cash after we pay that out. So we're going to increase wages payable. We're not taking into account here the withholdings which would of course complicate things a little bit more. So we're just going to keep the simple journal entry to see the concept of the reversing entries. We can see up here in the wages payable then that if this was the entire wages payable that was recorded on this transaction and we already had 2,500 that are part of this wages payable, then we've overstated the payable here by the 2,500. So it is possible for the accounting department to compensate for that and understand that there's an adjusting entry and fix that but usually the adjusting process and the accounting and the payroll process are wanting to be separate. So they often will not look at those things and we in the adjusting department would want to fix that by reversing our adjusting entry. We can also see that wages expense is down here and we're recording the expense which would decrease net income but this is the entire expense for the entire time period and really there's only four days that happened in this time period in this year. So this would be overstated in terms of the matching principle in terms of what actually happened in terms of what actually work was done. So if we see this side by side we can see this a little bit more clearly. Here's our adjusting entry. Then from zero up by 2,500 to 2,500 at the end of our cut off when we made the financial statements 1231 then we had the wages expense increasing the expense decreasing net income. Then if we had the actual payroll being processed here the payroll was processed as of the first day of the next time period wages payable is going up by the entire payroll and it's going up too much by the 2,500. The other side starts at zero on the wages expense why? Because all of this information has been closed out to the owner capital to the equity section when we start the new time period and then the new time period is counting just this 12,500 but it's overstated because it's processing the entire payroll and we need to be processing just the portion of the four days related to the new year. The way we can solve this is to have a reversing entry. Now the reversing entry process is not going to be a perfect process but logistically it works well. It works well for us to have the financial statements correct due to our adjusting process as of the end of the time period and it works well for us to set up the process so that it will be correct by the end of the month at least in the next time period. So in order to do that we're going to say that we're going to want to have a reverse of the transaction as of the first day of the next time period. So we made the financial statements correct as of 12, 31, X1. Now we're going to reverse this as of 1, 1, X2. This journal entry should look very unnatural because it's decreasing or crediting wages expense and debiting wages payable and we typically never really credit an expense like the employees never pay us we only pay the employees it only goes one way typically but here we're doing the opposite and we're reversing just exactly what we did on the adjusting entry and what that does when we post it as of the first day of the next month is it will close out the wages payable bringing it back down to zero and then it will record a credit to the wages expense again very odd and once we do this it will actually have a negative to income income will go up net income is higher because of this because we have this negative expense. So that is actually not correct in terms of a cruel basis but once we process the payroll it will work out. So if we process the payroll then as of remember that happened on January 4th then these two will cancel each other out and that's going to be the idea of it. So this time period between January 1st to January 4th our accrual process is not proper it's wrong really because you know we don't have this recorded properly but after this time period it will be correct and that's in alignment with kind of our time period assumption where we're going to just basically chunk up the time periods into months and years and we're going to make the financial statements as proper as possible as of the end of those time periods that's when the financial statements are at their best. If we look at the financial statements for January 2nd then we'd have to recognize that there's this problem here. So once we do this if we post both of these then we could see the wages payable if we reverse that brought it back down to zero and then we said the wages expense was a credit here and then we're going to do our normal journal entry the normal journal entry for payroll this is just normal payroll they're not taking into account our reversing entry and then recording wages expense 12,500 going here so we've got the wages expense netting out here's our credit here's the debit and it's recording the 10,000 and that would be just the amount applied to the second year to 2000 x2 and this should be January 4th x2 so this is going to record everything as of the second year so these two are going to cancel each other out and leave us with just the amount recorded in the second year the rest of it even though it's paid in the second year is earned in the year prior and we already recorded that in our adjusting journal entry and then we got the wages payable we're going to credit wages payable and once again it's going to net out to the 10,000 in the journal entry but given us the full 12,500 because that's what's actually paid or owed as of this time period and then of course we'll write the checks and we'll reduce the payroll payable the payable by 12,500 and reduce the cash


Hi and welcome to the session. I am Neha and today I am going to help you with the following question. The question says state whether true or false. For this statement all kites are rhombuses. Let's see its solution with the help of a figure. So here we have a kite and a rhombus. So first of all let's recall what is a rhombus. A rhombus is a parallelogram with sites of equal length that is pq is equal to qr is equal to rs is equal to sp. Now let's see what is a kite. A kite is a quadrilateral with exactly two pairs of equal consecutive sites that is ab is equal to ad and bc is equal to dc. So here we have that ab is not equal to bc. So that means all sites are not equal like in a rhombus. So that means all kites are not rhombuses. And I statement that all kites are rhombuses is false. So with this we finish this question. Hope you must have enjoyed it. Goodbye and take care.