Dorsey Company's partial worksheet for the month ended March 31, 20X1. is shown below. Open the owner's capital account (account number 301) in the general ledger and record the March 1, 20x1, balance of $36,500 shown on the worksheet Income Statement Debit Credit Account Name Cash Accounts receivable Supplies Equipment Accum. depr.- equip. Accounts Payable N. Dorsey, Capital N. Dorsey, Drawing Fees income Salaries expense Rent expense Supplie expense Depr. exp. - equip. Totals Net Income Balance Sheet Debit Credit 9,400 12,800 4,950 34,500 11,800 10,400 36,500 3.900 26,600 14,300 1,850 1,150 2.450 19.750 26,600 6,850 26.600 26,600 65,550 58,70 6,850 65,550 65,550 Prepare a journal entries for the Dorsey Company's on March 31, 20X1. Post the closing entries to the owner's capital account. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. General Journal General Ledger Trial Balance Prepare a journal entries for the Dorsey Company's on March 31, 20X1. View transaction list X 1 Record entry to transfer fees income to income summary. 2 Record entry to transfer expenses to income summary 3 Record entry to transfer net income or net loss from income summary to capital. 4 Record entry to transfer drawings to capital account. Credit Nato innslan hae haan antarar Complete this question by entering your answers in the tabs below. Collapse General General Trial Balance Journal Ledger Post the closing entries to the owner's capital account. General Ledger N. Dorsey, Capital Account No: 301 Date Debit Credit Balance 03/1/20X1 03/31/20X1 03/31/20X1 your answers in the tabs below. General Journal General Ledger Trial Balance Prepare a postclosing trial balance. DORSEY COMPANY Postclosing Trial Balance March 31, 20X1 Account Name Debit Credit Totals