Refer to the Practice Set data provided in Chapters 2 and 3 for Crystal Clear Cleaning.
1. Prepare an accounting worksheet. (optional)
2. Prepare an income statement, statement of owner’s equity, and classified balance sheet using the report format. Assume the Notes Payable is long-term.
3. Prepare closing entries for the month, and post to the accounts.
4. Prepare a post-closing trial balance.