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.

Haupt consulting

Trial Balance

December 18, 2010

Account title	Debit	Credit
Cashe	7700
Accounts receivable	1500
Supplies	100
Equipment	2000
Accumulated depreciation equipment		33
Furniture	3600
Accumulated depreciation furniture		60
Accounts payable		3600
Salary payable		700
Unearned service revenue		600
Carl haupt capital		10000
Carl haupt withdrawals	1600
Service revenue		2500
Rent expense	500
Utilities	200
Salary expense	700
Depreciation expense- equipment	33
Depreciation expense- furniture	60
Supplies expense	200
Total	18,193	18,193

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