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The adjusted trial balance for China Tea Company at December 31, 2018, is presented below 6 Cash Accounts receivable Prepaid rent 12, 200 167,800 6,
The adjusted trial balance for China Tea Company at December 31, 2018, is presented below 6 Cash Accounts receivable Prepaid rent 12, 200 167,800 6, 780 42,000 478,888 Inventory Print Equipment Accumulated depreciation - 142,080 47,800 47,000 5,700 2,700 285,086 87,400 570,000 Accounts payable Notes payable due in three months payable Interest payable Common stock Retained earnings Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense 265,000 137,000 32,e00 47,000 3,700 4,208 Totals 1,186,800 1,186,800
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