Dr. Cr. 126,800 165,200 26,000 20,400 104,800 128,400 50,000 166,400 6,800 36,000 596,400 13,200 Accounts Payable Accounts Receivable Accrued Expenses Payable Accumulated Depreciation - Building Advertising Expense Building Capital - JJ Grifter, Jan. 1, 2020 Cash Depreciation Expense Drawing Fees Earned Interest Expense Interest payable Land Note Payable - due January 30, 2022 Prepaid Advertising Prepaid Rent Rent Expense Rental Income Salary expense Salaries payable Supplies Supplies Expense Telephone Expense Unearned Fees Utilities expense 1,200 20,000 240,000 16,400 11,200 178,000 59,200 224,000 6,400 11,200 28,400 9,900 14,800 21,300 1,141,200 1,141,200 Instructions - Prepare: b An Income Statement for the year ended Dec. 31, 2020 A Statement of Owner's Equity for the year ended December 31, 2020 (there were no investments in 2020) A classified Balance Sheet as of December 31, 2020 The necessary closing entries d