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Page 1: · Web viewMy Comments Step 3 Restated Statement of Changes in Equity Balance Sheet Income Statement Statement of Changes in Equity – Your statement of changes in equity looks good

PEER FEEDBACK SHEET: ASS#2

Feedback From: Tanya Clark

Feedback To: Dannielle Nicol

My Comments

Step 3

Restated Statement of Changes in Equity

Balance Sheet

Income Statement

Statement of Changes in Equity – Your statement of changes in equity looks good. You have correctly used your excel formulas and correctly linked your figures from the financial statements. I completed a quick check that your total equals the one on your equity statement. Great job.

Balance Sheet – You have correctly used your excel formulas and correctly linked your figures from the financial statements. I completed a quick check that your total equals the one on your balance sheet. Great job.

Income Statement –Your Comprehensive Net Profit after tax (CI) figure doesn’t match your Comprehensive Income figure in your financials. You are only out by a small amount across the 4 years. Have a double check of your formulas. Easiest way to do this, which I have done myself, is copy and past 123 your income statement right next to your restated figures in the same worksheet and compare your numbers and what figure it should equal. If you need a hand please let me know and I am more than happy to help where I can.

Step 4

Individual feedback with other students

Overall ASS#2 (Steps 3 & 4) Overall you have done a good job. Keep up the good work and good luck with the rest of your assignment.