The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $12,000 169, eee 5 5,000 29,000 310,000 Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense utilities expense Totals $130,000 13, eee 3,500 1,700 3 30,000 160,000 147,300 21,000 41 410,000 187, e8e 71, eee 15, eee 38,000 2,500 36,000 $895,500 5895,500 CHINA TEA COMPANY Balance Sheet As of December 31, 2021 Assets Liabilities and Stockholders' Equity Current assets Current liabilities: Total current liabilities Total liabilities Stockholders' Equity: Total current assets Long-term assets Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity