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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Debit Credit Canh 10.600 Accounts receivable 151,000 Trepaid cent 5,100

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Debit Credit Canh 10.600 Accounts receivable 151,000 Trepaid cent 5,100 Inventory 26.000 Equipment 310.000 Accumulated depreciation equipment 126,000 Accounts payable 31,000 Noten payable due in three months 31,000 Salaries payable 4.100 Interest payable 9.600 Common stock 205,000 Retained earnings 52,200 Dividende Sales Tove 410.000 Costs of goods sold 185.000 Salaries expense 121,000 Rent expense 16.000 Depreciation expense 31,000 Interest expense 2.100 Advertising expense 2.600 Total 868,900 868.900 Required: Prepare a classified balance sheet for China Tea Company as of December 31 2021. (Amounts to be deducted should be indicated by a minus sign.) CHINA TEA COMPANY Balance Sheet At December 31, 2021 Assets Totatissato Liabilities and Shareholders Equity shanda

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