Worksheet & Closing Entries
A useful tool at year-end is the Worksheet. When complete, the Worksheet is used to create the Financial Statements and the Closing Entries.
This level includes:
- Unadjusted Trial Balance
- Year-end Adjustments
- Completing the Worksheet
- Closing Entries
The exercises are the same, but with different amounts.
The Supplemental Information is designed help further your understanding of the material. If you are having trouble with the exercises, take a look at this material.