The adjusted trial balance for China Tea Company at December 31, 2021 is presented below Credit Debit $19,000 168,000 8,000 28.000 370,000 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 $125,000 17,000 3,400 1,100 26,000 200,000 122,700 22,000 470,000 183,000 80,000 13,000 35,000 2,200 37.000 $965,200 $965,200 Prepare the closing entries for China Tea Company for the year ended December 31, 2021 (If no entry is required for Horos transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet