Danos Company's partial worksheet for the month ended December 31, 2019, is shown below. Open the owner's capital account (account number 301) in the general ledger and record the December 1, 2019, balance of $75,000 shown on the worksheet INCOME BALANCE SHEET STATEMENT ACCOUNT NAME DEBIT CREDIT DEBIT 22,500 24,200 10,100 65,500 CREDIT Cash Accounts Receivable Supplies Equipment Accum. Depr. Equip. 22,200 Accounts Pay able D. Danos, Capital D. Danos, Dr awing 20,100 75,eee 7,100 52,600 Fees Income 29,000 3,900 1,950 5,650 40,5ee 52,600 129,400 117,300 12,100 Salaries Expense Rent Expense Supplies Expense Depr. Exp. -Equip. Totals 12,180 Net Income 52,600 52,600 129,400 129,400 Prepare the closing entries for the Danos Company's on December 31, 2019. Post the closing entries to the owner's capital account Prepare a postclosing trial balance General Journal General Ledger Trial Balance Prepare the closing entries for the Danos Company's on December 31, 2019. View transaction list Journal entry worksheet 1 2 3 4 Record entry to transfer fees income to income summary. Note: Enter debits before credits Credit General Journal Debit Date Dec 31, 2019 General Journal General Trial Balance Ledger Prepare the closing entries for the Danos Company's on December 31, 2019. View transaction list Journal entry worksheet 1 3 4 Record entry to transfer expenses to income summary. Note: Enter debits before credits. Credit Debit General Journal Date Dec 31, 2019 General General Trial Balance Journal Ledger Prepare the closing entries for the Danos Company's on December 31, 2019. View transaction list Journal entry worksheet General Journal Complete this question by entering your answers in the tabs below. General Journal General Trial Balance Ledger Prepare a postclosing trial balance. DANOS COMPANY Postclosing Trial Balance December 31, 2019 Credit Debit Account Name