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 $35,500 shown on the worksheet. INCOME STATEMENT BALANCE SHE DEBIT CREDIT CREDIT DEBIT 9,200 12,400 4,850 33.500 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 3.700 25,800 14,100 1.750 1,050 2,350 19,250 6,550 25,800 25,800 63,650 57.100 6,550 63,650 25,800 63,650 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 post-closing trial balance. Complete this question by entering your answers in the tabs below. General Journal General Ledger Trial Balance Prepare journal entries for the Dorsey Company's on March 31, 2019.
Dorsey Company’s Partial Worksheet Assignment
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