3. The following is the adjusted trial balance as of December 31, 2020 of ABC Company. Prepare CLOSING entries Accounts Cash Debit Credit $18,000 Accounts Receivable 30,000 Prepaid Insurance 9,000 Office Supplies 3,200 Building 165,000 Accumulated Depreciation-Building $12,000 Equipment 88,000 Accumulated Depreciation-Equipment 8,500 Land 45,000 Accounts Payable 12,000 Salaries Payable 2,000 Uneamed service revenue 25,000 Mortgage Payable 100,000 Martin, Capital 21,290 Martin, Withdrawals 25,840 Service Revenue 325,000 Salaries Expense 63,000 Depreciation Expense-Building and Equipment 6,250 Supplies Expense Insurance Expense Utilities Expense Total 15,000 14.500 23.000 $505,790 $505,790