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hi everyone Im Devin Coons and today Im going to go over a little more complex journal entry going over contract assets and unbilled a are for services and so Im going to get a little more complex here and introduce both the concepts of contract assets and unbowed AR and well get straight into this and so just know this is a little more complex but wanted to introduce it because ASC 606 the new revenue recognition standard is so important and I believe its an essential business topic that we need to cover and so lets go over these facts and circumstances so between December 1st 2019 and December 31st 2019 Coombs Inc performed $1500 and services on a TM time and material basis as part of a fixed fee project that will be completed on january 4 31st 2020 and so thats the key there is that its a fixed fee project this fixed fee project piece is key where were working on something that the customer is expecting a kind of combined combined service or project to be completed so wer