Now we're going to take a little bit of a look at some of the images you're going to be using on part 3 of our lab 10 on the Dynamic Sun, where we're looking at different views of the Sun and all of these images come from the SDO mission, the Solar Dynamics Observatory. The one that we've got up here right now is what we're calling our visible image and it's similar to what you would see with the eyes if we could just reduce the brightness of the Sun. There's a lot more science that goes into it than that, but you are seeing the photosphere or the visible surface of the Sun. There's always a little bit of what we call limb darkening on the edges where it's a little bit darker, but when we talk about dark spots, we're really talking about things like sunspots. Now you're going to be looking at a different set of images than these ones. This is just to give you an idea of what to look for. After you're done looking at the visible image, we're going to flip over to the near UV image and on this particular one, we're still seeing the surface of the Sun, but we're not seeing it in visible light. We're seeing it in ultraviolet light. Areas that are not quite as hot won't put out quite as much ultraviolet light and they'll look a little bit darker. Areas that are a little bit warmer are going to have a little bit of a lighter each region. I can zoom in on this one so you can see it a little bit more carefully. After we're done looking at the near UV, we're going to switch over to the far UV, which is a higher energy light. And it's primarily showing us the chromosphere or the gas which is above the visible surface of the Sun. And there's lots of different features and structures in there. Now areas where it's brighter, including this spot here and a few areas on the edges, are what we call the active regions. And that's where you're getting more of the high energy light out because something's going on in those regions. Again, you'll have a different set of images that have a little bit more activity than this one. And you're going to use those to answer some questions. The last image we're going to be taking a look at and it's not the last one SDO has available. We're just focusing in on these four. It's the magnetogram. Now as it explains in the lab manual, this isn't a light image. They use some other techniques to actually measure the magnetic field. Whereas gray is sort of the neutral magnetic field where it's black or white tells you where the magnetic field comes out and where it goes back in. And most of the time they actually have these loops where it comes out at the black and goes back in where it's white. So you'll often see regions where you've got black and white sort of next to each other. So that's just a brief introduction to the different light views you're going to be using the visible light, the near UV, the far UV, and the magnetogram. And except for the visible light one, we've artificially covered colored these images because we don't see ultraviolet light. It's not a color we can use. So these are artificially colored where the brightness lets us know how much of that particular type of light or magnetic field we're seeing. If you have more questions, feel free to reach out to me.


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Here we are in our get great guitars 2024 QuickBooks Online sample company five we set up in a prior presentation continuing to lay down those foundational items necessary to go through our normal accounting process, the normal accounting process, including the entering of transactions with the use and help of forms found in the plus or new button broken out by cycle, customer cycle or sale cycle, vendor cycle or expense cycle, employee cycle or payroll cycle. We can then communicate with those individuals, customers, vendors and employees in the centers, the sales center or customer center, expenses center or vendor center, payroll center or employee center, the setup process, the foundational items that we do basically not so much cyclical. But at the beginning, generally found under the cog, we looked at your company files, the lists. We are in essence continuing with the lists in part now looking at the chart of accounts, which can also be found under the transactions on the left chart of accounts on the right. And we're now thinking about entering the beginning balances. Imagining we had a prior accounting system, and we're pulling those numbers into the current accounting system, these numbers being our prior accounting system numbers that we pulled from that system as of the end of the last period in the prior system, in our case, 12 31 2023, so that we can start our data in the new period as of January 1, 2024, noting that you will generally not have any income statement accounts here because we're having the cutoff as of the end of the year, even if that means I have to run duplicate accounting processes, duplicate accounting software or systems for part of the current year so that I can then have all of one year's worth of data at least in the current year is the general idea. We noted that we can't just enter a journal entry even though this is basically a journal entry format to put all these beginning balances in place given the fact that many of these accounts have special needs. We then went over the accounts that have the special needs in particular, generally from the most complex to the least complex to most complex if you're tracking inventory within QuickBooks is often the inventory because you need a sub ledger broken out by inventory. We went to the accounts receivable because you need a sub ledger breaking out who you owe the money to customers that is. We then went to the accounts payable because you need a sub ledger there tracking the people that you owe the money to that's the vendors. This is who owes you money. I hope I said that right accounts receivable but if not that's who owes you money. This represents accounts payable who you owe money to. Now we're going to pick up some of the rest of the ones which generally are a little bit more easy meaning we could almost just simply do a journal entry for those items as you might first think for all of these. So for example we're going to the checking account. Now with the checking account it's an increase so I think even though it's the beginning balance format you could enter it with the journal entry but we might want to enter it with a deposit form because that's the form typically used to increase the checking account. The checking account will still have some other special needs with it in particular if we have outstanding checks and deposits from the prior accounting system that we'll see on the bank reconciliation. We will hit on those problems more when we get to the bank reconciliation in a future course or section but the general idea will be what if as of 1231-2023 our system says 25,000 here but our checking account as of that same date says 30,000 dollars. What am I going to do? Well I have to put it into the system at 25,000 because I have to be in balance when I put these beginning balances in place but it doesn't match what's in the bank. Why doesn't it match what's in the bank? Because as of 1231-2023 there were outstanding checks and deposits so what we will do is we'll put the 25,000 in now to make everything balance and then we'll go back when we do the bank reconciliation and deal with what we'll have to deal with with regards to those outstanding checks and deposits which is typical thing that we'll often have to deal with. We have the accumulated depreciation related to the furniture and fixture meaning these are fixed assets property plants and equipment. Usually it's pretty straightforward to do the data input for these but you might have to adjust the accounts and you want to have some concept of the sub ledger which oftentimes might be not be tracked in QuickBooks because you don't really need to manage it in the same way that you need to manage who you're doing business with with regards to the customers for the accounts receivable and vendors for the accounts payable. You need to track this information so that you can properly record the depreciation and that's often done with outside software at least for small to mid-sized businesses because the tax code requires you to do that at least on a tax basis and if you're going to break out all that information on a tax basis then you might as well also use that other software to give you both book and tax basis so we'll touch more on that in future presentations but entering those beginning balance pretty straightforward. The visa the visa usually if it's a credit card pretty easy to enter the beginning balances it's similar to the checking account in that you might tie the visa card into the into the financial bank feeds but you don't usually have the same kind of outstanding checks and deposits detail with a credit card because you're usually recording all your credit card transactions as they pass through the system because they're all electronic transfers so that's usually pretty easy to enter into the system loan payable also typically pretty easy to enter into the system it's a little bit more difficult to actually pay the loan payable but it's pretty easy to enter the beginning balance into the system and then we have the owner's equity which which will fall out so this will just automatically fall out after we do all of these other balances this number will be in multiple different accounts but it will be the correct in total for equity okay and note I also often misspell things like loan and stuff so bear with me with that not my strong point the spelling aspect of things so that's just you'll just have to deal with it all right let's go back on over here so we have a cash account that they gave us which in our general ledger which they just called cash account we could change the name here so if that's basically our checking account maybe I would just adjust the name to it following our general rule so if I hit the drop down I might say okay edit this one maybe I want to say that's going to be a bank account type but instead of just cash on hand I'm going to make it into my checking account and call it checking checking now if you have multiple accounts you might put like the last four digits of your account number on it that's useful for internal purposes but it can be kind of an issue for external purposes because you probably don't want to be reporting that to external users so just be aware of that one way you can get kind of the best of both worlds is to make a parent account called the checking account and then put all of your checking and savings accounts underneath it with with then the last four digits of the number so that you can so you can see and distinguish them and then you can collapse the parent account for external reporting so it's just showing all the bank accounts as one lump sum but if you if you're just trying to get your internal reporting down then it's often useful to put that in place I'm going to say so I'm not going to adjust the description I could delete the description maybe and then just save it there so change the type of tax form section of the account may affect your accounting I'm going to say okay and so that would be our checking account now obviously we'll talk more about the bank feed situation in the future course or section so I'm not going to get into that right now but we will we have a whole another course or section on the whole bank feed thing so then the easiest way to enter these you could enter it with a deposit form if you're going to increase the checking account plus button and then we go into a deposit form however when I make deposits into our system I have a general rule of of how easy things are to enter if I'm entering a system where I'm using sales receipts and I'm getting receiving payments then I use the deposit form because that will go that will help me to go in and out of an intermediary account which is amounts to be deposited which is a clearing account allowing me to group together cash payments and credit card payments more easily before I deposit them into the checking account to better do my bank reconciliations if the deposits are just coming from the bank feeds and I'm adding them that way then you'll have kind of a quick deposit form which will still be a deposit form but the data input screen will be faster if I'm entering a deposit that that is not coming through the bank feeds and it's not from the receipt payments or sales receipts instead of using the deposit form I'll typically go to the register so let me show you what I mean this is what a deposit form looks like if I go into the deposit form so we have the checking account it's going to go into and then we have the ad funds to the deposit here and so we can add the here and and then add the accounts if I go into the register I'm going to close this out then I can go to the register here close up the hamburger and now you have something similar to like a check register kind of looking feel to it and I'm going to hit the drop down it's still going to be a deposit type form but I have more of a minimal screen to enter this in so I'm going to enter this as of 1231 23 the end of the prior period and I'm just going to call it the beginning beginning balance and then I'm going to say that this is going to be a deposit of what did we say 25,000 and it's going to the other side is going to go to an account let's call it opening balance equity it's going to go into that that opening balance equity clearing account that we've been doing we've set up just as part of our first balance entry data input so when I input this it's still going to create a deposit form when I drill down on it I'll see it still basically a deposit form but it's an easier data input screen to put into here note also if you were to attach your bank feeds to this then if you enter this beginning balance you want to make sure that you're pulling in the bank feeds only from January onwards because you have a set cut off as of 1231 23 all the stuff coming in from the bank should be tied out from the prior period before in the prior accounting system and you only want to start the new bank feeds in the current period going forward we'll still have an issue with those outstanding checks and deposits as of 1231 2023 which we will deal with in a future course or section on the bank feeds let's save it and let's open up some reports go into the to the hand boogie down to the reports on the left hand side we're going to right click on the balance sheet open link in a new tab right click on the profit and loss open link in a new tab I'm also going to scroll down to that trustee trial balance and let's put let's bring that I'm going to put a star next to it because that one should be brought up to our favorites so if it's not you can always type it in up top but I like to have it up here because then I can right click and open in a new tab I really like that I'm liking it more and more every presentation I'm going to close up the hand boogie and let's bring this back to 010123 tab 1231 23 tab run it to refresh it and there is our balance sheet so now we have the checking account we've got the 25,000 in the checking account if I drill down on that number what's going to happen it's going to take us to the transaction detail deposit form was created if I drill down on the deposit form it takes us not to the register but to that deposit form so whether we enter it with a bank feed with an actual deposit form that looks like this or the check register quickbooks sees it as a deposit form generally increases to the checking account generally deposit forms let's go back let's go to the tab to the right and look at the profit and loss from 010123 tab 123123 tab run it to refresh it nothing new happened to the P&L the profit loss where did it go where did the other side go it went back to the balance sheet into the opening balance equity let's go into the opening balance equity and we can see there's the 25,000 we put in there with a deposit form so we're just dumping everything into equity one way or the other either goes to the income statement here ends up in equity and the income statement will then zero out as of the first day of the next period and this will roll into retained earnings or it goes into here at which point we will at the end of this process move it to where it needs to go to the proper equity account but in total the total equity after we're said and done with this should equal the total equity 77896 that's the idea all right what's the next one we did we did the checking accounts receivable inventory let's do these two now these two are kind of backwards you can see because the property planting equipment should basically be on top why is it backwards because these two have the same account type of property planting equipment or fixed assets and then it's in a in order of alphabetical order within it that's why it's kind of upside down like this so a couple things to note as we add these we'll touch on this more as we go through the practice problem and as we then do the adjusting entries in a future course or section but remember that if you're talking about property planting equipment fixed assets then you're doing something that has an accrual basis to it meaning you can't be in a cash based system purely even if you're using a cash based system because in the United States at least for taxes they will still force you if you purchase something large to do an accrual thing put it on the books as an asset even if you purchased it for cash and depreciated why would that be it's just a quick explanation just note that if i go into the to the profit and loss imagine that you bought an office building for a hundred thousand dollars cash and then you just expensed it which would be done in a cash based system you would have a hundred thousand dollars office building expense but that would mean you'd have a huge loss in the year or month of the purchase and if you compared one month to the other month you it would look it wouldn't be comparable because because of that huge expense what's really happening is you're using the building for like 30 years that's like an extreme example where you're going to be using it for a long time so what should happen for comparative purposes is you only expense the portion of the cost that you're actually consuming the rest of it is actually an investment represented by the balance sheet account of an asset that you will then be consuming over a long period of time into the future so that's the general idea but any kind of a cruel thing like that causes more problems because now i've got to put this on the books as an asset and then how am i going to allocate it over the the useful life or whatever you want to call it that's an estimate anytime we have an estimate that's going to be a problem and we're going to have to you often work with our accountant for that because in the united states the tax code is more restrictive in the type of allocations you can make so so that means that for taxes you're going to have to do it according to the to the tax law and then you have a little bit more leniency oftentimes for your personal bookkeeping but then the question is do you want to have something different from taxes to your personal bookkeeping small businesses may not even though it would be better for decision-making processes because then it's just going to take more work or but if you do the tax software will typically have the capacity to calculate both tax depreciation and book depreciation so again the sub ledger might be outside of your quickbooks file in like tax software that you can use to then make periodic adjustments possibly on a monthly basis possibly on a yearly basis depending on what your needs are the sub ledger that we're imagining would be created outside of quickbooks online possibly by the tax professional using tax software supporting the fixed asset or property and equipment account this 75,000 might look something like this we'll talk more about this in a future course or presentation when we get to the adjusting entries but the idea here being that we have the total category of furniture and fixture and machinery and equipment in this example but within that category we're very descriptive in terms of exactly what was purchased the purchase is possibly happening on different dates and each of them having to be depreciated on their own in their own way using whatever method is applicable to them and the tax method might actually differ than the book method so you might have a depreciation schedule looking like this on a tax basis which you can also use for your bookkeeping in some cases or you might have a whole different depreciation schedule with the dollar amounts of the purchases being the same but the calculation of the depreciation being different so in this case for example we've got the 15,000 plus the 23,000 plus the 12,000 plus the 5,000 plus the 2000 plus 3000 plus the 7,000 plus the 8,000 equals that 75,000 those are the things purchased in 2023 we're going to purchase more stuff in 2024 the current period and this is this worksheet will serve as our practice worksheet for that as well and then you can see over here if I added up the accumulated depreciation then it should add up basically to this 7,500 so if this is done outside in tax software for example then managing the data input in our system will be easy if we set it up properly in that we're just going to do a periodic adjustment possibly monthly or yearly from the sub ledger created by the tax software so right now it's already been done we already have our accounts we're going to set the accounts up the way they're showing now but just remember if you're setting this up from scratch what you want to do if you're using this method using tax software to support you make sure you have an accountant that knows what they're doing on the tax side and they're properly recording every item so that when you sell the items you can identify the thing that you sold and you you also want to basically set up your sub accounts here to kind of match the sub ledger that's created by the tax software so you want to ask them what are the account categories that are going to be used in the tax software so I can mirror them when I set up my chart of accounts okay so let's let's do that over here we currently have furniture and equipment and accumulated depreciation let's see what QuickBooks gave us if I go into QuickBooks first tab and I go down into the to the chart of accounts go in into the transactions chart of accounts and scrolling down I'm looking at the fixed assets now they gave us a bunch of stuff so now we've got land we've got building land long-term office equipment and then they got really detailed in here computer tablets copiers custom and I think they did this because they're trying to like tell you the kind of things that you might need to put on the books as an asset versus expensing them however you probably this is probably not the way it's going to show up on the tax software and that's going to be your sub ledger possibly so so I would basically remove these or change these to try to to try to give the supporting information to whatever the sub ledger will be because that's going to be the cleanest process so I'm just trying to tie it in right now to what we had in our prior system over here so I'm just going to remove everything or I'm going to have to make them inactive and then I'm just going to change one of them to the to the current name that we are going with so I'm going to say okay let's just go ahead and go into each of these I'm going to make them inactive I'm going to say let's make this inactive uh yes I have to make the sub accounts inactive first before I can make the parent account inactive so I'm going to say all of these phones really phones are cheap you know aren't they I mean unless it's like a cell phone I guess if it's a normal desk phone do you have to I don't know anyway furniture I'm going to make this inactive because it's a sub account and I'm just going to say make it inactive and then I'm going to say custom software app I'll make it inactive I don't have a custom software app I'm not that cool I'm not that up to date and then copier make it inactive and then uh and then computers and tablets I'm going to make it inactive and then and then so now I've got land that's these are classic ones right building land and uh uh that we have as a fixed asset long term office equipment tools and machinery vehicles so those are kind of standard although I might change the name so I'm just going to be picking let's pick uh this one tools machinery and equipment versus and let's just change the name on that one I'm going to edit it and I'll change the name and I'm just going to call it what it is on my prior accounting system which is furniture and equipment boom I'm going to get rid of the description I'll just call it that and then okay and so there we have it so now it's furniture and equipment now I could enter something into here with a form of a journal entry because there are no other forms that are here for that are designed for the increase of the equipment account if we paid cash under the normal system we might use a a expense form or check form but if we we might buy equipment by financing it we might take out a loan for the equipment in which case there's no form for it because these forms are typically designed for things that happen routinely in a cyclical process and the purchase of equipment is really a big investment it's more of an investment thing that doesn't happen all the time so I could enter a journal entry but then you're going to have debits and credits on the journal entry form here so so there it is but there's only two accounts affected so the easiest way to do this might be since I already have an account set up if I entered a new account then I can enter it into the opening balance and there might still be could I do like if I edit this if I edit this does it still give me the ability to opening balance no if I added a new account it might give me that option for an opening balance but I don't need it because I could go into the register so I'm going to say furniture and equipment and I'm going to go into the register and I'm going to say since there's only two accounts affected the register like the check register now except now you're in the asset account so I'm going to say that I want a journal entry form and I'll do it as of 1231 23 the end of the last period and then I'm just going to say this is the beginning balance and it's going to be an increase of 75 thousand and the other side is just going to go wherever the other side's going to go right which I'm just going to put into beginning balance equity so beginning beginning where is it beginning oh my goodness I can't find it that's because it's called opening balance equity so I'm just going to dump it into that retainer so I don't really care the debits and credits it's showing as an increase and the other side is being dumped into opening balance equity which is our normal process if you want to know the debits and credits it's an asset account so we're going to debit it to increase with it but we'll see that in a second so let's do that so now it's been entered as a journal entry now that is still going to create a form called the journal the journal form so if I actually edit it now then it's actually going to go out of the register into a journal form which is in debit and credit format debiting the furniture and equipment increasing an asset crediting the opening balance equity and which is increasing an equity account and then I'm going to put I'm going to copy the description and put it in both places and then save it again and then let's check it out so if I go to my balance sheet now run it to refresh it I can see now that I actually have furniture and equipment on there boom let's go into that and there it is there's our journal entry it's still created a form but this is the last resort form that QuickBooks wants to use the journal form it's not tied to anything else doesn't have any sub ledges or anything tied to it if there's nothing else that other form to use that's when you use the journal form debit and credit form journal journal entry everything else is doing a journal entry but they don't use the journal form all right so then we're going to go down in opening balance equity the other side went into opening balance equity 75,000 okay same thing for the accumulated depreciation let's go back to the first tab and I'm going to go back now to my register let's see if they gave us an accumulated depreciation account so I'm going to say fixed asset we got building furniture and equipment land nothing here for accumulated depreciation now this is another one that you have to be kind of careful with if you're setting it up from scratch because you could imagine if you had multiple types of property planting equipment like here we had furniture and machinery two categories you could still just have one accumulated depreciation account for both of those categories however it's often the case that whatever categories you have over here you want to mirror possibly with its related accumulated depreciation which is the what we're estimating as the decrease or the up out that we consumed of of the asset and and so so so we're going to go and say okay I'm just going to make up another account let's make a new one a new account it's going to be called a it's going to be an asset type of account and it's going to be a fixed asset type of account fixed asset type and then the the tax I'm not as concerned with it accumulated depreciation because I'm not going to connect this directly to software I haven't seen that work well yet I've tested it out many times when it I will keep testing it out and if I see it work I'll I'll let you know but we're going to call it a cumulative depreciation now that's what it's called in our prior software so I'm going to keep the name as is later we're going to dive into it and and talk about different formatting that you might use for the recording of property planting equipment using sub accounts and possibly I abbreviate accumulated depreciation to make it related to a particular fixed asset account like furniture and fixture but I'm just going to keep it the way it is at the ending balances of our prior software and then if I want to change it I want to change it from there so that I can see my audit you know trail of what I did and why I did it so there it is accumulated depreciation let's go ahead and uh and save it so boom I think I got that right so if I go down we've got then there's our accumulated depreciation and there's our furniture and equipment so now I'm going to enter the balance into here the same way this is how you would normally enter like an adjusting entry which we will do in a future course or section for depreciation but I'm going to go into the register instead of doing a journal entry again select the drop down and I want a journal now this is going to be as of 1231 23 again I'm going to say it's a beginning balance now this one's confusing here even with the register because if you look over here this is an asset here but it's actually what we call a contra asset it's actually these two instead of them being in one account they wanted to break it out into two accounts kind of to show that this is an estimate we don't really know how much of a piece of equipment has been consumed or what the book value is we only know what the estimate is and how much we have kind of expensed in the form of depreciation over the life of the thing thus far so instead of decreasing this account directly we have this other account which is an asset but it actually decreases so the question is is QuickBooks thinking of this as an asset in which case it would be a decrease because it's a credit or is it thinking of it as a contra asset account which in that case it would be an increase because this is if we this would really be an increase to that to the to this account but I think QuickBooks actually thinks of it as an asset so it's decreasing it's decreasing it so that's confusing but that's why debits and credits are actually easier to use sometimes but I'm going to guess that it's a decrease right now and if it's going the wrong way then I just go back there's only two it's only two ways it can go I'll go back in there and fix it because there's only two accounts and then the other side's going to go to opening balance equity just like always so we're just going to make this one right stuff the other side and opening balance equity record it there it is 7500 if I go into it we can check it out now let's look at the edit it opens up a journal entry so what did it do it credited the accumulated depreciation that's what we want so see see how that's confusing but then if I go into here I'm going to copy this description save and close it so we I think we went the right way but the contra asset was confusing and if it was wrong back to the balance sheet run it to refresh it if it was wrong we would be able to see it why because we this subtotal would be off right the 70 so if your total assets doesn't tie out like if you're out of balance when you're done with everything then it's it would be because your contra asset is wrong going the wrong way that calm is commonly the case and all you would have to do is switch the debits and credits if that happened but we guessed the right way because now you've got 75 000 of the furniture and equipment minus the amount that we have expensed thus far in the form of depreciation this is the accumulated depreciation the difference being the book value kind of like the estimate value of the fixed assets thus far this being all the fixed assets if we saw them one at a time we would go to the sub ledger so we can identify the actual things that we're talking about and their current book value or cost minus the accumulated depreciation which again could be different for taxes than for books but from the accounting side of things hopefully it'll be straightforward because we have a tax preparer that's helping us with that sub ledger stuff we'll talk more about that in future course or presentations all right we got those two accounts payable the visa this is going to be a credit card so let's go back on over here let's go that that one should be pretty straightforward we'd set up a credit card like a checking account but then but then we won't have to deal with those outstanding items in the same way so pretty much similar to a checking account let's see if they gave us a credit card account over here so if I go down and say other current assets I don't think they gave us a credit card so we'll just make one so I'm going to go up top and say new and let's make this one a credit card and we're going to say boom it's under credit cards and I called it uh tax section credit card we're going to call it visa because that's what we called it there if you have multiple credit cards you might make a parent account called credit cards and then put the multiple credit cards as subsidiary accounts within it you also then might add the last four digits of the credit card number so that you can identify it from an internal bookkeeping standpoint although you might not want to give those numbers outside that's why you might make sub accounts so that you can collapse them so they're not visible when you make external reports possibly so starting date so here's where the opening balance is here so I could see how when I open it this way it gives us the the opening balance capacity beginning of the year today let's put in other date and let's just choose the end of 2000 and so so there we go and then I'm going to say the balance the balance as of the end of that day as the balance as of the end so start date I can say is the first of 2024 duh duh and that means they're going to say the balance as of the end of 1231-2023 so that's a little tricky so it's as of the end so we're going to enter the journal entry here one thousand dollars so so if I didn't do this bit I could just enter it with it with a with a normal transaction into the like an expense form into the into the system or or journal entry but I have the capacity to enter the beginning balance here when I make it you would never do that after the first setup because you would think it's going to have to force a journal entry of some kind that's what it's going to have to do to put that beginning balance in so let's go ahead and save it and see what it wants to do with it so if I go down here we can see then here's the credit card now if I go into the register this way here's the register that it made it put an opening balance transaction in there and so and basically recorded a charge for it and it dumped the other side into opening balance equity did not put it on the income statement okay that's fine note that if you're connecting the visa accounts to the bank feeds just remember that you're entering this beginning balance and therefore when you do the bank feeds you want to start the bank feeds as of the first day of the current period 2024 not pulling in everything from 2023 because that's stuff from the prior accounting system that's our cutoff date all right let's go ahead and go into our balance sheet and check it out running it and we're going to go down and say credit card is down a donor and it's not there why because I put the I tried to put the beginning balance right at that date and it put it in there is one one so that's not what we want because if I go over here 1231 234 let's go I'm sorry 010124 to 1231 24 then it shows up I would stink but I want it in there as of all of our beginning balances as of the same date so I'm going to go back to this transaction and change it to 1231 233 and save it the transactions are editing has been reconciled save it I told you what I want to do quick books don't you talk don't you talk back to me I know what I'm 010123 tab 1231 233 tab run it and then we can see now there it is so there's our credit card if I go into it then we have our detail it put it in here as a credit card expense okay that's fine if I go into it that means the form it used as a as a as a credit card credit form and that's fine and so it used that for me to close that back up go back on over the other side it dumped into opening balance equity which is fine didn't put it on the income statement put it into opening balance equity no problem all right do we have any other ones here we have a loan payable also pretty straightforward transaction loans are a little bit difficult to deal with the payments on we'll talk about that more later but the transaction is pretty straightforward let's go to the first tab back to our chart of accounts did they give us a loan payable account they probably did I think they usually do did did did did loan lines of credit sales long term so long term uh business loans now note the way the loans work is that I would typically want to put the loans in the short term amount and then break out the long term portion periodically that's how I normally do it the general idea would be that if you have a loan oftentimes if it's kind of like a mortgage that people are used to you pay it off on a monthly basis then there's going to be a short term and long term component to the loan because short term liabilities if I go to the balance sheet short term liabilities represent those that are due within a 12 month period and if you're paying it off every month you will have a short term portion to it so so that but I don't want to have to break out my loans between short term and long term every time I make a payment that's way too tedious therefore I'm going to put all the balance into one account loans payable breaking them out periodically end of month or end of the year depending on our needs if we need to and so the question then would be do I want to put the balance into a short term current amount or long term amount now some softwares they kind of restrict the long term liabilities in terms of what you can what you can do with it payments made from it and whatnot that's why I usually put it put the full balance into the current liabilities and then I break out the long term portion of it periodically also time also if you have multiple loans some of them might be short term in nature meaning all of it might be due in some time period so if you put all of them in a short term category you can make like a parent list of the loans payable and a drop down of all the loans payable under it and then you can break all of the short term amounts out into their long term components on a periodic basis if you need to that's what I typically do so I'm going to go over here and make another account loan payable I'll call it the current portion although I'm going to put the full loan in it and which might include some long term portion we'll talk more about that later but let's go ahead and and by the way I would also just follow whatever was done in the prior software and then if I want to make changes to it I will I will mirror this exactly and then I will make changes to it so I can see the audit trail as to why I made those changes but in any case I'm going to imagine it's in short term so I'm going to say new and we're going to say this is going to be the let's say we go over here to liabilities so liabilities dropping it down I'm going to say it's an other current liability because it doesn't have any special sub ledger loan payable I'll spell it right this time even it was spelled wrong for loan payable and I'll say current portion or something like that meaning the stuff that's due within the first period and then it gives me the starting time again let's see if I can get it right this time other date I'm going to say as of the end of December and then the beginning balance we said was on the loan 22,000 okay so that should record a journal entry you would only do this for the beginning balances you wouldn't want to do this when you create an account other than that because then you would enter a journal entry to record the transaction let's go ahead and save it and see if I got it right this time so let's go into the loan payable I'm looking for other liabilities there's the loan payable I'll go into the register and so there it's been entered it was entered with a journal entry form that's typical because there's not a normal form up top for a loan you might end up using a deposit form if it went into the checking account normally but that you might have got a loan for the purchase of equipment or something in which case there's not a form for it because loans are not something that happened routinely in any normal accounting cycle that's why you would default basically possibly to a journal entry in that format so let's go into edit it and so we have loan payable increase with a credit opening balance it dumps the other side into opening balance equity like is our normal custom so that looks good let's go into my balance sheet now and run it and so now we've got the loan on the books so I put the loan on the books at 22,000 if I go into it and then I open up the 22 there it is there's our journal journal entry closing that out back the other side was dumped into opening balance equity so there it there it is here what was it 22,022 there it is right there okay let's go back so I think we have it here on the income statement I don't think anything new was posted to the income statement this whole time if we look at the trial balance then as of the end of 2023 or 10123 1231 1231 23 running it there's our trial balance looks a lot cleaner doesn't it then looking at the balance sheet in the income statement we just have the balance sheet on top of the income statement there's our checking account accounts receivable inventory contra asset accumulated depreciation furniture and equipment liabilities accounts payable visa loan payable current portion our equity accounts 72 396 being the opening balance equity if I and then the income statement accounts which were posted as of the last year which will roll into equity which includes the the 20,500 minus the 15,000 net income of 5,005 plus the equity 72396 gives us the 77896 which should match 77896 right so so everything looks like it's matching up here if I go to the balance sheet this way notice if I scroll down there's the 55,000 net income there's the opening balance that net income will roll into retained earnings so if I go up to the next eight oh one oh one two four 1231 24 that net income rolls into retained earnings the total equity is at 77896 that looks correct the income statement has something in the prior year but it will be a clean slate in the current period oh one oh one two four 1231 24 so that we can start a new odometer's reset for the new journey of the new year and then if I if I go to this tab we have this if I go to the next date up it will squish all this together into the equity or these two will be squished into retained earnings and the debits and credits will still match going from oh one oh one two four to 1231 24 run it so now we have the 5,005 that's in retained earnings and the opening balance equity if we compare that to what's on our worksheet over here maybe we can do a side by side possibly tau vase poor K no why not I guess let's do it so we've got then the checking account check the accounts receivable check inventory check 7,500 on accumulated depreciation furniture and equipment accounts payable the credit card the loan payable but it's spelled better it's spelled more better than the last thing and then we're going to say everything in equity these two tie together to equity that so that's the last thing we need to fix is the equity because these two need to be put together 72396 plus 5500 77896 that's what this should be that's what these two are and then I can change the name from so I'm going to dump this into here fix that later and then we'll change the name from retained earnings to owner's equity given the fact that we're talking about a sole proprietorship rather than a corporation we'll do that in a future presentation


Fe fyddai'r gwaith i'r gaelio'r gweithio'r gweithgafno i'r gwneud i chi'n dweud i'r cembaith yw'r mewn. Mae gydigodd i'r gweithio'r gweithgafno i'n ddiddordeb yn bwyf, gan eich gweithio'r Gweithgafno i'r gweithgafno i'r parlymynydais, roedd yn cael eu cyflosfawr o'r anonwch i'r gweithgafno i ddiddordeb yn cyfrifiadau i'r parlymyniadau i'r talu o ffawr oedon nhw i ffawr yn y bwysig ymlaen nhw, a i'r ddiolch yn ein cyffredig o'r ysgrifffau cyllidau ymlaen nhw. Felly, rwy'n credu i ddweud ei wneud. Diolch yn fawr i'r ddiwrnog. Michelle Thomson. Rwy'n credu i ddweud oedd eich ddweud mewn cyflawn ffawr. Felly, rwy'n credu i ddweud eich ddweud eich ddweud eich ddweud eich ddweud eich ddweud I would like to note that I, too, as the constituency MSP for Falka East, of course I'm shocked about this as well. I've spent this afternoon already in dialogue with Petroenius and I've got a meeting tomorrow with the union and indeed had submitted an urgent question to address exactly that, so perhaps he'd be willing to allow me to carry out my role tomorrow as the constituency MSP if he was agreeable. I would expect nothing less from Michelle Thompson than she has taken the interest of our constituents to heart and has set up these meetings. However, that does not negate the responsibility of the Scottish Government to bring a ministerial statement to this chamber to allow members of this Parliament the right to ask questions and to seek assurances and answers. Now, as I say, people do expect their Government to work to secure their best interests, so I think it's reasonable to expect and it's certainly reasonable of my constituents and Michelle Thompson's constituents to look for those assurances from the Government and it should be raised in Parliament. That is why I'm asking ministers for a statement tomorrow. I think that is reasonable and it is proportionate given the impact on the entire Scottish economy. Grangemouth is responsible for 4% of the Scottish GDP. It produces the fuel that we... I'm not sure I'm going to get any time back by giving way, am I, percent? So I'm going to continue, please, because there are some things that need to be said about the importance of this.  It fuels agricultural equipment, emergency generators. Fuel need to be said is important. Now, we know that the SNP and the Greens have shown latent and open hostility to the oil and gas sector and I think we need to understand whether this has been a factor in the decision of petrol engineers to end refining. Now, in 2016 the Scottish and UK Governments worked together to maintain gas processing in Grangemouth. I think it's worthy of this plan to ask questions of ministers. Is that being explored now? Is there an option for the UK Government and the Scottish Government to work together in the best interests of our constituents? What policy does the Scottish Government have about the importance of domestic production of petrol and diesel? And how does the potential removal of large-scale refining from Scotland, how does that impact on emergency planning, on our resilience, our economy? What will the Scottish Government do for the employees of the plant affected by this proposed change? What support will they make available for the people of Grangemouth? These are all questions that we as members, especially those representing Grangemouth, have a responsibility to ask. These are questions that are reasonable for our constituents to hear being asked with answers from ministers. One cannot help but wonder if this plant and these jobs were at risk in Glasgow or Edinburgh if the Government would have already scheduled a statement for tomorrow. Members may disagree with that last point, but that's a consideration for people in central Scotland. I know that the First Minister has seen fit to make a statement about the Grangemouth situation. I understand that it was in Bute House in front of journalists, so I don't understand. I don't think that it's unreasonable for a statement on this crisis to be made here and for questions to come from elected members. I know that Neil Gray, the relevant cabinet secretary, has offered to meet some of us in a private Zoom meeting on Friday afternoon. That's good, but let's have an open discussion and statement in this chamber ahead of any such private meeting. I am grateful for your indulgence, Deputy Presiding Officer. If our Parliament is not here to discuss matters of importance like this for the people of Scotland, then what is it here for? Mr Kerr, can you move to your amendment? Yes, sorry, I did. I thought I did, but I do move the amendment. Thank you very much. I call on George Adam to respond on behalf of the Parliamentary Bureau Minister up to five minutes. At the heart of this discussion and debate are the families and the people employed at BP Grangemouth. Those are the people and the community that the Scottish Government takes very seriously, and the cabinet secretary particularly, when we are discussing this. The cabinet secretary is currently seeking to meet the trade unions. Let's not forget that this whole decision is a commercial decision taken by the industry and is not a decision or a responsibility of the Scottish Government. The cabinet secretary has today invited his shadow spokespeople and MSPs from the area to a meeting to discuss this. The cabinet secretary also answered questions on this important issue earlier today and is committed to updating Parliament as the situation develops. On a more parliamentary business point of view, Mr Kerr's amendment to business came in at 4.59 pm. It literally came in after the first division bell had given way—yes, I will give way to Mr Kerr. I thank the minister for giving way. Mr Kerr had the opportunity to ask questions around about Grangemouth this afternoon, as other members did. However, after a point of order that was dealt with by the minister who he was unhappy with, he chose to flimce out of the chamber when others asked questions about Grangemouth. I wonder if the minister would like to make comment on that. I think that the member makes a very important point here. At 2 o'clock, there was that point of order, and then this amendment came in at 4.59 pm after the first division bell had run. I am grateful to the minister for giving way. Let's first of all address the issue of 2 o'clock. I did attempt to raise a point of order. It was dealt with by the Deputy Presiding Officer. I did not flounce out of the chamber. I had another important obligation that I left the chamber to fulfil. Members may find that funny, but serving my constituents is something that I take seriously, and I hope that they would as well. On the 4 o'clock mark—on the 4.59, I think, he said—the business manager for the Conservatives has been trying all day since the announcement was made from Grangemouth to get a minister to agree to timetable a statement. The fact that they have not—and we have come to this point—reflects very badly on the priorities of the Scottish Government. The Parliament has processes and one of those processes is parliamentary questions. I think that Mr Kerr needs to have a look at himself and decide how he will interact with the Parliament. 4.59 is not an acceptable time in a matter of such importance for the individual to do that. Finally, I believe that he is not showing the Parliament any respect and is disgraceful, but I revert back to what I said at the very beginning. We are not important in this issue. The families involved in this are the ones we should be thinking about. Thank you, right? The question is that amendment 3174.1, in the name of Stephen Kerr, which seeks to amend motion 3174 in the name of George Adam on behalf of the Parliamentary Bureau, setting out a business programme, be agreed? Are we all agreed? Parliament is not agreed, therefore we will move to a vote, and there will be a short suspension to allow members to access the digital voting platform.


Good morning everybody. Good morning. We can do better than that. Good morning. Awesome. My name is Kizzi Charles Guzman. I'm the executive director of the mayor's office of climate and environmental justice I want to welcome you and thank you for having us here I am so thrilled to be here today to announce an Incredible investment in our public schools in the health of our students and our communities and in environmental justice This is something that is so close to my heart Because as a former New York City public school student myself and as someone who worked with so many of you in this room on air quality and Environmental health issues since 2008 we know that we have to do better for our air and our hearts and our lungs So since 2008 we've been working at this We knew then that New York City burned a billion gallons of heating oil every year And that just 1% of the buildings generated more soot than all of the city's cars and trucks combined Think about that for a moment. So we passed stricter regulations and a lot of policies to clean up our air But this administration knew that we still needed to go further Because every ounce of toxic pollution that we removed from the air We breathe prevents premature deaths and heart and lung disease And we know that children and communities thrive in healthy environments We're tackling upstream and my team is so Fortunate to have so many agency partners here today who share that perspective the school construction authority is here Department of Education Department of Citywide Administrative Services Department of Environmental Protection our deputy mayors The New York Power Authority and especially the person that I would like to introduce now Mayor Eric Adams who will kick us off on this historic investment Thank you so much. Thank you kids You know just for your work in this area What grades are here? What grades over here? Let me hear the second third Third and over here fifth so we have second third and fifth right fourth and fifth I did I remember being here with your amazing principal and team When I was bar president, I think you have a great food program right growing healthy food and Talking about food. This this has always been an amazing school. Do you know who the school is named after?  Yes, who was he? Wow, you know even that And and and to the educators that's here, you know people often talk about the power of school naming and Why is important to have schools that are named after significant people in the communities that students can understand? That is the answer to it, you know every time a child comes into the school and Walks into the building and they see that name they want to ask who is he and what has he? Actually carried out to allow himself to be named last week. I named a school two weeks ago I named a school after David Dinkins, do you know who he was? Who anyone knows who David Dinkins? He was okay over here. I see your hand, you know Who was he? Okay, you know back there? alright He was the first The first African-American mayor in the city of New York. Do you know who was the second? Oh, who was the second Close who was a second, right? You know love it love it, but That's That's that's that rich energy you know and Those you those are you who are educators, you know teaching is a calling you you yearn for that energy every morning Even when our scholars don't get it 100% right that experience of growing that they get just by asking and answering questions Means a lot and the lesson plan must not only be the academics But what would make them emotionally intelligent and how do we develop their full personhood and this school does it so well? I was so proud of the school when I was the Brooklyn ball president because it was innovative It was always cutting edge. It was always stating that we could bring quality education Into our communities this school gave our children a private school Education in a public school facility and we need to give it up for the entire team and just believe it Just believe it And so I want to thank Kizzy Kizzy spent so much of her energy on environmental justice And she's just a real leader in this area and that's why we're here at PS 5 and Bed-Stuy Bedford Stuyves and I live near here On Lafayette Avenue. And so I know this school so well This is about how we deal with climate Chaos around the world you have two mothers I like to say you have the mom that gave birth to you and you have mother earth and we must love both Those mothers because one gave birth the other sustains us and each time you see These storms that you're seeing so what happened in Florida is because of global warming You saw what happened of last year when we had the heavy rain is global warming So part of what we are doing today is to make sure we created an environment for the future At one time we will have these hurricanes like hurricane Ida And others they will come every hundred years But now they're coming often over and over again So we have to be better prepared both Proactively and also to prevent and be prepared for the future. It's clear We must make big changes in how we protect our environment our two children our future and our families Today we are now seeing a leading the charge a Four billion dollar program to electrify our city schools. This is so important four billion dollars It's more than four million That is a whole lot of money. It buys a whole lot of Gameboys, you know, it's a lot of money that we're spending and therefore main Foundations to this new program education environment equity and our economy Education every New York City school we build going forward would be Fully electric no more boilers no more burning dirty fuel no more Contributing to asthma anyone has asthma in here Yes All this is connected to the environment and that is why we are here because they are high rates of asthma That's in this community and we chose this community first We will create a healthier learning environment for our students. How many of you knew? That bad fuel contribute to asthma problems, right? That's so important. We have to connect the dots Connect the dots the environment impact will be major. That's the second phase Education was the first the second is environment our city Will never again build a new school that burns fossil fuel never again This will be the single most impactful energy initiative under this administration To reduce emission emissions of four city government operations This is so important your school is first that we are doing it in give yourselves get yourselves a hand What we are going to do in our school system is the equivalent of removing 26,000 cars From the road cleaning our air cleaning our environment and the third is equity It is also part of our agenda New York City will complete or start the conversion of a hundred existing schools to all electric heating by 2030 that is so important and it's an important issue Replacing harmful fossil fuel burning boilers. I was just in the downstairs in the basement The boiler is loud. It burns fossil fuel, which is causes a bad environment We're going to replace that system and we're starting with this school. Dr. Ronald McNair school elementary school. We are starting here first The McNair elementary school will become New York City first Existing school to eliminate the use of fossil fuel And provide all electric heating We're going to ensure that cleaner air help the environment for our students in our communities because not only does it impact the school It impacts the community that we are living in right now like my neighborhood on Lafayette Avenue This would keep you and our hospitals of From you happen to go to the hospital and it will save lives So the whole concept of leading the charge will boost our economy expand the green workforce And we're going to continue to support the training and development for the next generation of the green workforce by the time you graduate from School they're going to be jobs in the green Environment that many of you are going to be experts in we're going to add a $14 million program to hire and train a group of skilled trade workers Some of your family members how many you have older brothers and sisters So they're gonna they're going to be ready to do this job in the green market. We're excited about it So this is more than new schools and building retrofits We're making big investments in our future our children in our health We already committed two billion dollars to get this work underway We're excited about it and I want to just thank all the agencies involved particularly of the New York Power Authority And their president CEO Justin Driscoll Justin, thank you so much. You guys are continuing ladies and continue to lead the way and we're we're doing something that's important We're honoring Dr. McNair Who this school is named after? He was an astronaut the second African-American man to go to space That's so important. How many of you want to be an astronaut because of that? Love it. Love it. Look at that He was a pioneer devoted his life to signing a quest for knowledge His mission was not just to explore space and break barriers, but to protect the earth listen to his quote We should allow this planet To be the beautiful oasis that she is and allow ourselves to live more in The peace she generates So today we honor him But most importantly We not only honor him We honor you We say that you matter You matter by having strong educational leadership You matter by having the tools in your school and you matter by ensuring the environment is cleaner for you Just as we love and you love your mothers We all love Mother Earth and we're going to protect her now and in the future So I thank you for allowing us to start here at Dr. McNair school. Thank you very much Thank you, Mr. Mayor for your leadership and for understanding and pushing us right the prevention is better than the cure That's what we are here to do. I want to repeat something you just said mr. Mayor because it is so important every new school we build moving forward will be fully electric Our city will never again design and build a school that burns fossil fuels. This is a big deal Until recently would not have seen possible to electrify a school system than not too long ago was burning coal What's different today is that we know that the climate crisis requires us to stop investing in equipment and Infrastructure that hurts our health and hurts our planet and that is why we're leapfrogging our investments And we're going to focus on delivering the next generation of green clean and healthy school buildings We're also leading by example building on the work that we did with a clean heat program We will face out the use of number four fuel oil in our schools four years ahead of what's required by local law Without any capital investment in prolonging the life of those dirty boilers We are starting with environmental justice communities to improve the air in areas that suffer from high rates of asthma Attributed to air pollution. This is a huge step forward in decarbonizing our buildings and will help us reach our ambitious climate goals while also creating healthy and comfortable learning and working environments in the near term It will also help us grow our green workforce as you heard for the future and lead by example in how we're going to focus our capital investments on climate smart solutions and environmental justice all People regardless of their race their disability status their age Their socioeconomic background have a right to live work play and learn in Communities that are safe and free of harmful environmental conditions To the students in the room. I want to say We got you This administration is taking our role in fighting the climate crisis very seriously We got you. I'm proud that your school will be the first one to take the step To stop using fossil fuels to our agency partners in the room. I say thank you. I know this was hard Thank you for the long sessions working through intricate details to make this historic commitment happen and to our community partners and Our advocacy organizations. I say we hear you Thank you for your tireless efforts on behalf of our communities. We appreciate you We can address climate change in our city with a focus on justice and health Thank you for your leadership. Mr. Mayor and now I will pass the mic to none other than the principal Miss Lena Gates Good morning first of all to our mayor honorable Eric Adams and his staff To our superintendent Brendan Mims who is here with us today To all of our elected officials in the building To our community representatives and to our school construction authority who helped this to happen to ps5 today And to our wonderful teachers and staff. We want I want to say good morning and thank you Thank you for the opportunity to bring this project here to public school five the Dr. Ronald E. McNair school What this project is going to do for us first of all? It's going to make sure that this environment where our children are learning is going to be a safe and clean environment for them for our community It's going to clean up the air in our community also providing a safe and safe environment for our community and What it's going to do again for our schools It's going to help us to begin to teach our children and instruct our children about what this whole project means About clean air about what their future is going to be like when they take on this Responsibility these are the children that's going to pick up this project and they're going to move with it Move with it. We're doing this for them. Thank you very much We are going to open to a few questions, but before doing so today this morning We lost a real giant In our city Dr. Calvin butts of Abyssinian Baptist Church He was not only a Spiritual leader. He was a dear friend and mentor he was struggling with Cancer and he transitioned this morning and Throughout my entire journey Dr. Butz Has just mentored me in some of the most difficult moments in the city speaking him with him recently as we dealt with the issues around the Migrant crises and other crises. He has been a constant A leader and so the city lost a real giant and our hearts go out to his family And it goes out to the members of the Abyssinian Baptist Church not only in a village of Harlem But throughout this entire city Thank you very much. Welcome to a few questions. Oh, it's good Katie Students that's Katie back there Yeah Thank you. Thank you for the question Anthony Fiori Department of Citywide administrative services So the total cost of the project To retrofit a hundred schools To improve the lighting prove the ventilation we're committing four billion dollars as the mayor said Over the next several years It retrofitting these schools there. It's a difficult task, but we are set to do it We've spent many many hours Amongst all city government operations and I have to say I've been in city government for 23 years There's never been a moment where city government has come together like it has now It's an all-hands-on-deck moment and we're coming together to effectuate these projects Yes students that Steve he comes to all my press conferences He's on radio. What station? WCBS, you know, so when you hear his voice, you're gonna say we know that guy 100 is the start and What we did was we looked at those areas like here that was dealing with real Asthma issues and other health issues related issues to come up with the first 100 But our goal is every school every school as I stated by 2030 That's the goal, but this is just the start and our goal is to continue to move forward Okay, okay, so students this is the time I should have all you students come up here next to me Because this is the time that people like Katie asked me difficult questions This is called off topic They enjoyed his part because this is the time they get to beat me up You know, so I want you all to watch the off topic So when you have to go in front of the classroom and read a book report on essay, this is how I feel right now, okay? See How you Kelly What school did you go to when you were a child Love it, okay No, and that's smart on the part of the New York City Police Department. We monitor social media We monitor Communications throughout the city whenever there's chatter That indicates that something is going to happen. We like to place Officers on high alert if there's an incident that happens in another city somewhere and we pick up chatter We like to use that Intel to place our police officers on high alert and it appears as though there was some chatter by extremists Organizations in group that gave an indication of that they wanted to do something that's disruptive And so the police department was on top of it. So, you know, that's what we do all the time If there's an incident we like to stay on top of it right away You know when we legalize Marijuana some people didn't get their actual memo they believe that you can just start selling it openly and there's a clear plan on how you can legally sell Cannabis and what we are doing now we have to catch up to the law that was that's on the books to what is happening in the store in the stores like a police officer can't just walk in and Conduct a you know a apprehension on arrest or confiscate the item. There's a process So we are partnering with the marshals the sheriffs and and going in The head of the sheriffs Anthony Miranda has been doing a series of things on Going in doing out an issue purchase making sure you build the case so we could go in crack down and shut down these operations now and in January we're gonna go back to orbit Albany and Modifies some of the laws that we can go in and not have to go through these long procedures that we can immediately Confiscate and in those cases where you have habitual offender abusers of the system They would be apprehended, but it's an issue. It's not at a crisis level. We're going to address it We we targeted those trucks that were selling on the streets Using the marshals using the sheriffs and we're gonna continue to crack down on these crack down these locations We're asking people who identify shop to immediately notify the local precinct so we can start an operation there I Because as I stated that we are we're dealing with two issues We're dealing with the actual six felonies. We have a date. We want to turn those six felonies into no felonies We're also dealing with how people are feeling We have 3.5 million writers and I'm gonna keep saying this over and over again 3.5 million people use our subway system and they get to and from their destination with no problems at all but if you are seeing disorder if you are seeing people loud disruptive of Cursing acting disorderly it's going to play into what you're feeling and one way of Making sure you feel safe as well as going after those who commit crimes are the uniform presence People have stated when I'm on the subway. I'm on the subway a lot. I was on all this week I'm going to be on today people stop me and they say we feel better when we see that uniform officer walking through the trains We see some form of security personnel You have a number of MTA a police that are with us We put a thousand new officers on on these trains And so we know that uniform allows people to feel safer and we want to do everything possible I heard New Yorkers. They stated that Eric. Yes, I use this subway every day Never have an incident, but I feel unsafe based on what I'm seeing And so we have to address what people are feeling and that's the goal now. What's what's fascinating is that the last time we had real ridership was in 2019 our Index crimes are lower than 2019 2018 2017 and the last ten-year period So the numbers bear out that the officers are doing an amazing job But that means nothing if people don't feel safe and the best way to do that is have the omnipresent of our officers I like you I love you My colleagues We should never use that company again in the city of New York and really I believe in the state of New York I know that we won't be doing that that that company caused a great deal of anxiety in the city in all of our NYCHA facilities and General but specifically in the reshouses. It was unacceptable All of us remember that weekend of the constant uncertainty that happened to deploy the resources there so we're drilling down exactly how did this take take place and You know, I just really hope we get to the point where NYCHA is fully under my control I want to be held accountable for it And to make sure that we can hire and have the right people there We're looking for a new chair a new head of NYCHA and we're gonna find the right people in in Partnership with the oversight that's in place right now to make sure things like this does don't happen again This is my favorite, so I'm just sort of Yeah Jessica Katz my chief housing officer She's doing a review and NYCHA is doing a review and as soon as we get it We wanted wanted to be thorough as soon as we get it We're going to make it open to the public so a folks can see exactly what happened during that incident I'm sorry. What happened? It was closed. It was to Pinky space Yeah That should not have happened unless it was a real imminent safety has it let me look into that We're clear those that are abandoned or those that are dangerous there's a Sign that's placed on them with a warning and then of those who own them have an opportunity to repair Or to dismantle I have to look into that because if someone came in and removed it without Notification that is not the procedure of my understanding, but I look look at I thought you said it was kinky shed Pinky. Okay, Pinky. Okay. Okay. We just didn't want anything kinky going on inside that shed Yes Thank you first go ahead students who has it Yes To where I would love to is it you're gonna take me there You're going to take me to the aviation. This is where you learn how to simulate in flying I would I would like to I know you I would like to do that, but I know you find it hard to believe But I used to have hair that long Okay Thank you all the five boroughs our goal is to look at all of our schools and electrify all of our schools So all of the five boroughs not just Brooklyn. Okay. Thank you