The biggest surprise to me in the reading was the financial glossary. I did not realize that there were so many technical words that all sound similar but mean very different things. Finances are not my strongest subject and I still found this concept of income statements and balance sheets to be confusing. Honestly most of this chapter was confusing since I have such little background in finance classes.
I would love the author to go more in depth in how to compile a balance sheet. If he could explain more of how you know something is a liability versus a credit I think that would also be very helpful.
There was nothing that I think the author was wrong about. Since I have such little current knowledge of finance and accounting, I wouldn't know enough to argue a point against the author. For the most part, I agree with everything he said and just wish he went into a little more detail.
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