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LACICISE (uue Moni Saved Help Dorsey Company's partial worksheet for the month ended March 31, 2019, is shown below. Open the owner's capital account (account
LACICISE (uue Moni Saved Help 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 $40,000 shown on the worksheet. INCOME STATEMENT DEBIT CREDIT BALANCE SHEET DEBIT CREDIT 10, 100 14,200 5,300 38,000 13, 200 11,100 40,000 ACCOUNT NAME Cash Accounts Receivable Supplies Equipment Accum. Depr.- Equip. Accounts Payable N. Dorsey, Capital N. Dorsey, Drawing Fees Income Salaries Expense Rent Expense Supplies Expense Depr. Exp. Equip. Totals Net Income 4,600 29,400 15,000 2,200 1,500 2,800 21,500 29,400 7,900 29,400 29,400 72,200 64,300 7.900 72,200 72,200 Prepare a journal entries for the Dorsey Company's on March 31, 2019. Post the closing entries to the owner's capital account. Prepare a postclosing trial balance. Complete this question by entering your answers in the tabs below. General Ledger Trial Balance Journal
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