Question: Review Chapter 3 for Closing Entries, Chapter 4 for Financial Statements Complete this assignment using the Excel workbook provided (add any necessary additional lines), and


Review Chapter 3 for Closing Entries, Chapter 4 for Financial Statements Complete this assignment using the Excel workbook provided (add any necessary additional lines), and submit your work by the end of Week 6, 11:59pm ET. Now that you have reviewed and corrected most of the steps in the accounting cycle, it is time to complete the cycle with the last steps. This week, you are to prepare the multiple-step income statement, statement of owners' equity, and classified balance sheet. Prepare the closing entries and the post-closing trial balance. You should use the information completed in prior weeks
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