Prob300 peo The ad trial balance e Chise Tea Company as of December 31, 2021, is presented b Credit Debit Cash 10,500 Accounts receivable 120,000 Prepaid rent 5,000 Javery 25.000 300,000 Accumulated depreciation-equipment 125,000 Accounts payable 30.000 Salaries payable Notes payable in three month 30,000 4,000 Interest payable 9,000 Common stock Retained earnings Dividends Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense 200,000 50.000 8,000 400,000 180.000 120,000 15,000 30,000 Totals equirement 1. (10 points) 2,000 2.500 $48.000 48.000 repare the closing entries for China Tea Company for the year ended Decembe e the following table to provide your answers