Hi everyone,
I have completed my spreadsheet after long hours of stress. I mainly struggled with separating my accounts into financial assets and operating assets. The most hardest part was defiantly restating my income statement!
Which part did you guys struggle with?
Hey Kathy !, I agree 100% with you, that was the hardest part for me. Took me ages to understand how to do it. I also thought doing the restated income statement was quite difficult, in regards to all the formula's and making sure I had all the right numbers
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Hey Amanda!
ReplyDeleteYes it was very difficult. It was just very time consuming having to separate all the accounts into financial and operating, but in the end i finally got a good understanding of it! I was so happy once it all balanced. What did you find the most easiest to do?
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Hi Kathy,
ReplyDeleteI too experienced some difficulty finding my CI balance and Quoc Tu helped me figure it out.
I found all of the restating of financial statements challenging.
However, the fun and easy part was reading the chapters and reflecting on my reactions in the SPA#1 and SPA#2. Am in the process of SPA#3 and dreading ASS#3, it looks hard..but then I'm looking forward to learning.
Oh and step 1 and step 3 I found easier then restating.
Cheers,
Anna