Financial statements with adjustments is difficult? No it isn’t. Of course, that is if you are a POA tutor haha just kidding. 

When it comes to teaching my students on Financial statements, beside having enough practice, there is 1 important thing to note.

For every additional information, there is a need for you to do at least 2 adjustment. If you find yourself only making 1 adjustment to the account. YOU ARE DEFINTELY NOT GOING TO BALANCE!

I had made a simple cheat sheet to help POA students know what kind of adjustments are required to be made based on the common adjustments tested in exam. Hope it can help you!