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Journalize the closing entries using the worksheet

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Reference no: EM131137918

Disney Amusement Park has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below.

Instructions

(a) Prepare a complete worksheet.

(b) Prepare a classified balance sheet. (Note: $10,000 of the mortgage note payable is due for payment in the next fiscal year.)

(c) Journalize the adjusting entries using the worksheet as a basis.

(d) Journalize the closing entries using the worksheet as a basis.

(e) Prepare a post-closing trialbalance.  

Reference no: EM131137918

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