With a Spreadsheet
If you learn the accounting statements using this spreadsheet, it can help you think through things in the next several lectures, particularly the harder lectures. Itβs good to get used to using this spreadsheet now.
If youβd like practice, a terrific exercise you could do is start out with a blank spreadsheet and see if you could reproduce a spreadsheet like this one for the income statement. By doing this, you will learn how to make your own spreadsheets, which will be very helpful on the exam. You also learn your way around the spreadsheet, and you will learn a lot about Excel as you do it. A terrific way to study and get an early jump on the exam
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