maion t answer Question 33: The adjusted trial balance for China Tea Company at December 31, 20 18, is presented below: Cash Debit Credit 10,500 150,00 Accounts receivable Prepaid rent 5,000 Inventory 25,00 300,000 Equipment 125,000 30.000 30,000 4,000 I ,()00 200,000 Accumulated depreciation equipment Accounts payable Notes payable due in three months Salaries payable Interest payable Common stock Retained earnings Sales revenue 50,000 400,000Close 180,000 120,000 15,000 30,000 2,0 osts of goods sold Salaries expense Rent expense Depreciation expense Interest expense dvertising expense otals 840,000 840,000 ) Prepare the closing entries for China Tea Company for the year ended December