...do bear in mind that a clipping mask doesn't remove any parts of your artwork, all is left intact, leaving objects still editable...
...also the little circle in the layers palette is useful for target selecting certain parts of artwork, it is also an indicator to whether or not an object has effects applied to it (circle will be solid if this is the case)...
...bit off topic now...
...if you do have a solid circle (as opposed to the default hollow one) in the layers palette (right of the thumbnail image), you can then go to the appearance palette to see what effects have been applied...
...double click the effect in the appearance palette list and you can then edit that effect or see what settings have been applied...
...the appearance palette is pretty powerful, allowing you to layer effect upon effect, upon effect etc...
...for example adding more that one fill or stroke to an object...
...you can then drag your special effects objects (from the art board) to the graphic styles palette for use on other objects...
...if you edit the graphic style on the art board, you can then drag this new style over/on top of the existing one in the graphic style palette (whilst pressing the alt/option key), this will then update all other objects on the fly which had the old graphic style...
Andrew