 Let us see a practical question, A-limited as the following securities in its portfolio. Usually portfolio means that you should not put all your money into one particular asset but you distribute your total investments into different assets. So here we have three assets of A-limited, 1500 shares of X and cost is 73,500 and fair value is 69 because price fluctuates on daily basis but that is why it keeps changing and we are talking about at a measurement day and date is 30th December 2019. Similarly we got Y shares and the fair value and we got Z shares and then fair value. Now again what we do since it is a portfolio, so we look into the total portfolio because they are the shares, so the unit is the same. Now cost is 313,500 and fair value is 305,600 and all these securities were purchased in 2019 which means at the year end you need to make an adjustment, change in cost and fair value. Now in 2020 A-limited complete the following transactions, they are sold X-limited shares which is total, not necessarily, you may sell some of it and a fee of 1200, selling of 45 less fee of 1200, 45 per share, do remember at the rate of 45 per share and you pay for 1200 as a fee, as a commission. Then they bought 700 shares of Q-limited at a rate of 75 and there is a brokerage fee of 1300. Interesting thing, when you are selling this fee is reduced but when we are buying the fee is going to be added to your cost. A-limited portfolio end of December 2020, after a year, you see how many shares you have, X is gone, Y shares are 500 and now its cost is the same but the value has changed, 700 by 4575 and plus 1300, this figure will come and its value has also increased a little, 400 shares are back, now here you see that your cost is more and fair value is less. So in this case, you will have to reverse if you have recorded the gain, let us see, requirement look here, the entry is required in 2019, the sale of X-limited, the purchase of Q-limited and the 2020 adjusting entry for the portfolio, there is unrealized gain or loss, we cannot simply say loss, we use these words combined gain or loss because sometime it is a gain sometime it is a loss but the account remains the same, in this account, you have to credit debit, you do not have to open a new account, if there is loss or gain, you have to keep one account and fair value adjustment, this figure will remain fair value adjustment, after that you see that you have sold and you clearly note that this is 1500 shares and from that you have made 12,000 minus, 66,300 and 66,000, what was our cost? 69,000, the last one which is yours, then you have lost from selling this figure from 2000 to 100, this loss will go straight away in your profit and loss account, then this is a loss on the sale, there is no adjustment, the investment that you have bought is 700 shares, there is a share of 100,000 and then you have sold 13,000, so this is your new investment, so you have debit the investments and you have credit the bank account, now at the end of the year, at the end of 2002, the figure that you saw, I will show you in the last one, here see that in 2020, there are clearly more costs and your fair value is less, then look at just minority, unrealized gain or loss again, 293, 800 minus 283, 400, so 10,400, now this figure is coming, this is your 2,500, how do you see this? look, earlier you had 7,900, now you have 10,400, so how much you have to create the difference, that is 2,500, that is the important thing here, that you need to adjust your opening balance, that you are not supposed to pass simple interest rate with 10,400, let's say if it was 12,000 in the beginning, so you need to work out the difference and then you record the difference, so it's simply you must watch what is the opening balance, what closing balance is required and what difference it makes if it is positive, accordingly you make your adjustment in the fair value adjustment account and that fair value adjustment account should be reported, thank you very much.