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Bonus ( 1 0 Points ) The adjusted trial balance for China Tea Company at December 3 1 , 2 0 2 4 is presented
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The adjusted trial balance for China Tea Company at December is presented below:
Cash
Accounts receivable
Allowance for uncollectible accounts
Prepaid rent
Inventory
Equipment
Accumulated depreciation equipment
Accounts payable
Notes payable due in three months
Salaries payable
Interest payable
Capital stock
Retained earnings
Sales revenue
Costs of goods sold
Salaries expense
Rent expense
Depreciation expense
Interest expense
Bad debt expense
Totals
Required: Prepare the closing entries for China Tea Company as of December
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