The adjusted trial balance for China Tea Company at December 31, 2021 is presented below. Credit Debit $19,000 160,000 9,000 25,000 390,000 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 $126,800 19,880 3,180 1,480 29,800 190,000 174,100 28,000 440,000 189,880 77,000 19,800 31, eee 2,600 33,880 $982,600 $982,600 Prepare the closing entries for China Tea Company for the year ended December 31, 2021. (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