Danos Company's partial worksheet for the month ended December 31, 2013, is shown below. Open the owner's capital account (account number 301) in the general ledger and record the December 1, 2013, balance of $64,000 shown on the worksheet. Journalize the closing entries on page 8 of a general journal. Post the closing entries to the owner's capital account. Prepare a postclosing trial balance. 
Definitions:
Status Bar
A graphical control element found at the bottom of applications or documents, displaying information relevant to the current state or context, such as zoom level or cursor position.
Outline Data
The structure and hierarchy of data that has been organized in an outline format, typically showing the relationships between different levels of information.
Group Button
A control element in user interfaces that allows for the collective manipulation of objects or elements, such as aligning or grouping multiple items in a document or presentation.
Margins
The blank space surrounding the text in a document or the edges of a page where no text or images are printed.
Q8: The Santa Fe Company has office employees
Q18: Land is a long-term asset that is
Q21: Interpreting the financial statements is the last
Q23: The statement of owner's equity is prepared
Q27: The entry to replenish a petty cash
Q32: Firms that provide steady employment may be
Q35: The government agency that has final authority
Q57: A firm purchased telephone equipment for cash.
Q70: The form sent to the supplier to
Q71: Assets and liabilities are reported on<br>A) the