Question: please help et for chapters 1-2-31 The adjusted trial balance for China Tea Company at December 31, 2021, is presented below. 4 Credit Debit $
et for chapters 1-2-31 The adjusted trial balance for China Tea Company at December 31, 2021, is presented below. 4 Credit Debit $ 18,000 158,000 10,000 33,000 330,000 012441 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 $ 131,000 19,000 3,200 1,600 35.000 220.000 31,700 27.030 350,000 100,000 71.000 19,000 37,000 2,500 56,000 $841,500 5841,500 Prepare an income statement for China Tea Company for the year ended December 31, 2021 CHINA TEA COMPANY Income Statement For the Year Ended December 31, 2021 Tout Expenses
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
