The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit 11,900 164,000 6,400 39,000 440,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation-equipment 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 139,000 44,000 44,000 5,400 17,400 270,000 80, 800 15,000 540,000 250,000 134,000 29,000 44,000 3,400 3,900 1,140,600 1,140,600 Required: 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 Tonirnal entry worksheet 1,140,600 1,140,600 Required: Prepare the closing entries for China Tea Company for the year ended December 31, 2021. (If transaction/event, select "No journal entry required" in the first account field.) View konsaction list X 1 Record the entry to close the revenue accounts. 2 Record the entry to close the expense accounts. 3 Record the entry to close the dividends account. Credit Record the entry to close the revenue accounts. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general Journal