 How's will I am in a shaitan in regime? Bismillahir Rahmanir Rahim. We have to do some recapitulation what we have been doing in all those standards. We are not going to add in one particular question all those standards, but some of them I'm going to show you how those standards are incorporated when we are preparing the financial statement. So let's see a question. Now following trial balance relates to Salman. Normally trial balance, say we make accounts in the future, then look at the state trial balance. Revenue, note number one. This means that there should be some adjustment in this. Cost of sales again, note number one. So it means still there should be some adjustment in this. So we will look into these notes later. Distribution cost, administrative cost, loan interest paid. Look at that paid. And there is one thing that we haven't paid. So what we haven't paid, we have to incorporate it. This is paid. Honorary share of 25 cents each could be paid. So this is the share of 25 cents there. We have 10 rupees share. Share premium. Retail earning. This is the opening. This year's account has not been added. And then this is 6% redeemable loan, note issued in 2010. This is a redeemable note. And on this you have to pay a year's 6% interest. Now look at a small calculation here. If your loan is 50 million, and there is 6% interest on it, then it is 3 million. So as you can see, you have paid 1.5 million. So it means you should automatically understand that you have to create a 1.5 million interest payable. Technically, you should say that you are paying half a year on this loan. So it has been paid for 6 months. Now for the remaining 6 months, you will have to make an adjusting entry. So look at land and building. Again, there is a portion of land of 40 million and the rest of the building will be of 60 million. And for this note, you have to see how to adjust it. Because there is a deprecision on the building. There is no deprecision on the land. That is why it has given a separate building. Plant and Equipment. Again, there is a note given. Because there is an adjustment in this that the normal plant you use, which you take out and hold for sale, there will be an adjustment in this. Different development expenditure. If you are developing for a project, or for a product, or for a formula, then all the cost incurred on it, if it becomes a feasible project later on, then you capitalize on it. Generally, for this, it is standard, which we have not studied, but I will brief you a little bit. The research and development expenditure is that the expense of the research will be given to the profit and loss account for a long time. But the development cost, we capitalize on it and then we appropriate it like deprecision. So development is an intangible asset. That is why the word amortization is used for this. Whereas accumulative deprecision are the assets of your opening balances. And the amortization, development, expansion, development expenditure is also amortization, deprecision, you can call it provision. Income tax is also given and deferred tax is also given. This deferred tax is a little bit, I do not understand the students, but I will tell you that the deferred tax is that you are getting some benefit from the government this year, but that benefit will be reversed in the next year. I will tell you the entry. If you buy a new asset, then for the first time you have to charge it for 5 years. So in 5 years, you will charge the profit and the expense will be recorded. But the government says that we allow you to write off in 2 years. Although you have to do it in 5 years, but it is called timing difference. That is, you are giving benefit in 2 years when you recover from it in 5 years. So the timing difference in this because of that timing difference is calculated by deferred tax. And note about deferred tax that it does not pay. What kind of tax is it that does not pay? Ultimately, it is created from the profit and when the time comes for the reverse, the profit is reversed. That is why it does not have a payment, but when we make accounts, we will have to show it in tax, in income statement and in balance sheet. And about deferred tax, it does not have current liability, after that, it is trade receivables. And next is inventory, 30th September 2012. There is also a problem here. Inventory is in the last notes and adjustment. Why is it in this? Because you have already made cost of goods sold. When you have made cost of goods sold, the opening was added in the cost and this is the closing stock that is why it will come in the trial balance. So whenever the cost of goods sold becomes part of the trial balance, the closing stock should be seen in the trial balance separately. There is no problem with the trade balance. Thank you very much.