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The adjusted trial balance for China Tea Company at December 31, 2021. is presented below Credit Debit 11,800 163.000 6,500 38.000 430,000 Cash Accounts receivable

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The adjusted trial balance for China Tea Company at December 31, 2021. is presented below Credit Debit 11,800 163.000 6,500 38.000 430,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation equipment Accounts payable Totes 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 138,000 43,000 43,000 5,3 15,600 265.000 78,600 13,300 530,000 245,000 133.000 28.000 43.000 3,300 3,80 1,118,500 1.118.500 Required Prepare a classified balance sheet for China Tea Company as of December 31, 2021 (Amounts to be deducted should be indicated by a minus sign.) CHINA TEA COMPANY Balance sheet Al December 31, 2021 Assets

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