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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below. Credit Debit $12,000 159,000 7,000 30, eee 370,000 Accounts Cash

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below. Credit Debit $12,000 159,000 7,000 30, eee 370,000 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 $126,000 12,600 3,789 1,800 20,000 150, eee 200, 300 21,000 430,000 184, eee 75,000 10,000 36,000 2,800 37. eee $943,800 $943,800 Prepare a classified balance sheet for China Tea Company as of December 31, 2021 (Amounts to be deducted should be indicated with a minus sign.) CHINA TEA COMPANY Balance Sheet As of December 31, 2021 Assets Liabilities and Sto Current assets Current liabilities Total current bebes Totalbites $ 0 Stockholde Total current assets Long term assets Total stochody Total long term assets Tot assets $

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