 Hello, in this presentation we will record transactions related to the accounts receivable or sale cycle. We will be focusing in on the accounts receivable account recording transactions for work done on account, meaning we do work and have not yet received the cash, and then we will then receive the cash, therefore we're working mainly with accounts receivable, revenue, and cash. It's helpful to work by cycle here rather than just by date because it will let us see what is happening in terms of a particular process, a particular process within the accounting department. So it's good to work a few problems by cycle, and then a few problems that's just going to be by date, not necessarily by cycle, working on the entire accounting transaction, whatever happens to happen at any particular date, bouncing around from department to department. We're going to record these journal entries in the general journal.