Dorsey Company's partial worksheet for the month ended March 31, 2019, is shown below. Open the owner's capital account (account number 301) in the general ledger and record the March 1, 2019, balance of $33,000 shown on the worksheet.

Income Statement Balance Sheet

Account Name Debit Credit Debit Credit

Cash 10,000

Account Receivable 14,000

Supplies 5,250

Equipment 37,500   

Accum. Depr. -Equip 13,000

Accounts Payable 11,000

N. Dorsey, Capital 39,500

N, Dorsey, Drawing 4,500

Fees Income 29,000

Salaries Expense 14, 900

Rent expense 2,150

Supplies Expense 1,450

Depr. Exp. -Equip. 2,750

Totals 21,250 29,000 71,250 71,250 63,500

Net Income 7,750 7,750

prepare journal entries for the Dorsey Company on March 31, 2019. Post the closing entries to the owner's capital account.

Prepare a post-closing trial balance.