This problem continues the Haupt consulting situation from problem 3-43 of chapter 3. Start from the posted t accounts and the adjusted trial balance that Haupt consulting prepared for the company at December 31.
Requirements
1. Complete the accounting work sheet at December 31
2. Journalize and post the closing entries at December 31. Denote each closing amount as clo and an account balance as bal.
3. Prepare a classified balance sheet at December 31.