well restating is frustrating and confusing which requires lots hard work, time and effort.
thoughts about restatement
Published by saavinaa
I am sabina and am from Nepal currently doing my bachelor of Accounting in Central Queensland University,Sydney, Australia. I am outgoing and fun loving person who likes to makes friends so feel free to talk with me. View all posts by saavinaa
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The very first moment I read her work, I burst out into laughter as she called Maria a liar for saying statement of equity was easiest and yes it wasn’t! So back to restatement, I would say I was very convinced by her restatement in the spreadsheet. Every item as linked properly. Formulas were used wherever necessary in all three statements. To be more precise, I couldn’t really find any mistake. The closing balances were equal, the amount of NOA was also equal to Equity + NFA in balance Sheet and comprehensive income was also equal.
But yes I would suggest you to do some formatting before you submit your work. I feel that the last row was unnecessary in the restatement. I found such minor formatting errors in the spreadsheet. If you correct it, you are ready to submit!!!
I found you very active and helpful. Whenever I posted my problem, you were there to help me. And also got your problems that were posted in the forum. I enjoyed helping you and yes once again thank you for your help!!!
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i just posted a feedback for you in my blog so check it out!!
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