The whole section on Property, Plant and Equipment, per Roger CPA review’s textbook, is DONE!
Note to self: Weak areas include non-monetary exchanges and calculating actual depreciation numbers, especially double declining balance (NO SALVAGE VALUE!).
I’ll see if I can post a brief update everyday so you can track my gradual progress to insanity. I estimate it will take about 2 weeks before I become completely crazy.
I managed to get to the gym in the middle of the day to break up the study monotony and it worked out pretty well. I did about an hour of cardiovascular exercise, then enjoyed the steaming hot sauna for about 10 minutes and followed that up with a dip in some super chilly water and a shower. Upon returning to my office, I felt I was more than adequately energized to finish the second half of my study day.
A side note: It kinda sucks when you are busting ass to learn CPA exam material and one of your job applications for a position where such knowledge would be applied gets rejected immediately. Go straight to Loserville. Do not pass go, do not collect $200. Only one thing to do: just keep at it and keep my head held high.
We’ll see how many times I can say that before I tell myself it’s hogwash.