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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: 12,488 169,800 6,988 44,600 490.800 144,080 49,800 49,680 5,988 18,689
The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: 12,488 169,800 6,988 44,600 490.800 144,080 49,800 49,680 5,988 18,689 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated deprecialion-equipment Accounts payable Notes payable-due in three months Salaries payable Interest payable Common stock Retained earnings Dividends Sales revenue Costs of goods sold Saleries expense Rent expense Depreciation expense Interest expense Advertising expense Totals 91,800 598,888 275,888 19.de 34,000 49,000 3,988 1,245,183 1,243.de Required Prepare an income statement for China Tea Company for the year ended December 31, 2021 Required Prepare an Income statement for China Tea Company for the year ended December 31, 2021. CHINA TEA COMPANY Income Statement For the Year Ended December 31, 2021 0 Operating expenses 0 Total operating expenses Operating income Other expense
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