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hi this is Jim Merritt with quick trainer in Wilmington North Carolina had a question from a client regarding a gift certificate that she sold and wanted to know how to handle that and excuse me while I make this video I have the hiccups and you could say well why didn't he just wait until he gets for the hiccups because I will have the hiccups for sometimes three to four hours and it's part of I'm currently sick and so it's just a part of that sickness I'm going I'm going through so I just wanted to get it done so excuse me for their cups so in any case I wanted you to see that first of all looking at the balance sheet you can see there's nothing on the balance sheet about any gifts or gift certificates also if I show all dates on the profit and loss statement there's nothing there about gift certificates so the first thing I would have you do is go to your general ledger chart of accounts and create a general ledger account in this case I used the number of 2500 and call it gift cer...