The adjusted trial balance for China Tea Company at December 31, 2024, is presented below: Cash Accounts receivable. Prepaid rent Inventory Equipment Accumulated depreciation Accounts payable Notes payable (due in three months) Salaries payable Interest payable: Common stock Retained earnings Dividends Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals Debit $ 10,900 154,000 5,400 29,000 Credit 340,000 $ 129,000 34,000 34,000 4,400 11,400 220,000 58,800 10,000 440,000 200,000 124,000 19,000 34,000 2,400 2,900 $ 931,600 $ 931,600 Required: Prepare the closing entries for China Tea Company for the year ended December 31, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 2 3 Record the entry to close the revenue accounts. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 3 Record the entry to close the expense accounts. Note: Enter debits before credits. Event 2 General Journal Debit Credit Journal entry worksheet < 1 2 Record the entry to close the dividends account. Note: Enter debits before credits. Event 3 General Journal Debit Credit Record entry Clear entry View general journal