Wk. 5- Apply: Exercise Seved 10 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 $68,000 shown on the worksheet. points ACCOUNT NAME Cash Accounts Receivable Supplies Equipment Accum. Depr. - Equip. Accounts Payable D. Danos, Capital D. Danos, Drawing Fees Income Salaries Expense Rent Expense Supplies Expense Depr. Exp. -Equip. Totals Net Income INCOME STATEMENT BALANCE SHEET DEBIT CREDIT DEBIT CREDIT 19,000 22,800 9,400 62,000 20,800 19,400 68,000 6,400 48,400 27,600 3,200 1,600 4,600 37,000 48,400 119,600 108,200 11,400 11,480 48,400 48,400 119,600 119,600 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. Complete this question by entering your answers in the tabs below. 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 Wk. 5 - Apply: Exercise A Saved Totals Net Income 37,000 48,400 119,600 108,209 11,400 11,400 48,400 48,400 119,600 119,600 10 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. 12 points Complete this question by entering your answers in the tabs below. General Journal General Ledger Trial Balance Prepare a postclosing trial balance. DANOS COMPANY Postclosing Trial Balance December 31, 2019 Account Name Debit Credit Totals