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The following amounts represent the adjusted trial balance for JJ Grifter Co. at the company's year end December 31, 2020: Dr. 253,600 330,400 Accounts Payable
The following amounts represent the adjusted trial balance for JJ Grifter Co. at the company's year end December 31, 2020: Dr. 253,600 330,400 Accounts Payable Accounts Receivable Accrued Expenses Payable Accumulated Depreciation - Building Advertising Expense Building Capital - JJ Grifter Jan. 1, 2020 52,000 40,800 209,600 256,800 100,000 Cash 332,800 13,600 72,000 1,192,800 26,400 2,400 40,000 480,000 Depreciation Expense Drawing Fees Earned Interest Expense Interest payable Land Note Payable - due January 30, 2023 Prepaid Advertising Rent Expense Rental Income Salary expense Salaries payable Supplies Supplies Expense Telephone Expense Unearned Fees 55,200 356,000 118,400 448,000 12,800 22,400 56,800 62,400 29,600 2,282,400 2,282,400 Instructions - Prepare: a a 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 C
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