Glomgrabber Co

The following amounts represent the adjusted trial balance at the company's year end December 31, 2018: for Glomgrabber Co. Dr. Cr. Accounts Payable Accounts Receivable 63,400 92,600 Expenses 13,000 10,200 Accumulated Depreciation Truck Advertising Expense Capital - Greg Glomgrabber, Jan. 1, 2018 52,400 25,000 Cash Depreciation Expense Drawing Fees Earned Interest Expense Interest payable Note Payable - due January 30, 2021 Prepaid Advertising Rent Expense 83,200 3,400 18,000 298,200 6,600 600 120,000 13,800 89,000 29,600 Rental Income 112,000 Salary expense 3,200 Salaries payable Supplies 5,600 14,200 15,600 ! 64,200 Supplies Expense Telephone Expense Truck 7,400 570,600 570,600 Unearned Fees Instructions - Prepare an Income Statement for the year ended Dec. 31, 2018 b a Statement of Owner's Equity for the year ended c a classified Balance Sheet as of December 31, 2018 d the necessary closing entries Dec. 31, 2018 (there were no investments in 2018)